CryptoCompare’s monthly Exchange Review captures the key developments within the cryptocurrency exchange market. The report includes analyses that relate to exchange volumes, crypto derivatives trading, market segmentation by fees, fiat trading, and more.
In November, the crypto markets fell significantly after the collapse of one of its largest centralised exchanges, FTX. This resulted in a market wide sell-off, with Bitcoin falling 16.3% to $16,978. As a result, trading activity across centralised exchanges rose sharply, with spot and derivatives trading volume increasing by 13.7% and 10.1%, respectively in November.
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