Report: Trading Volume on Centralized Exchanges Rose by 14.2% in June
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According to data provided by CCData, total transaction volume on centralized cryptocurrency exchanges increased in June for the first time since March. In particular, the figure increased by 14.2%, reaching $2.71 trillion.

Binance's market share fell to 41.6% (the lowest since August last year), whereas in the case of OKX, this figure rose to 19.5% (the highest since April 2022).

In terms of spot volume on centralized exchanges, it reached $575 billion, while derivatives trading volume was $2.13 trillion.

The company analysts believe this is due to increased activity in the market following the US Securities and Exchange Commission (SEC) lawsuits against crypto exchanges Coinbase and Binance.

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In addition, it may also be due, according to them, to the massive filing of applications by firms to register spot Bitcoin ETFs. Against this background, the shares of Bitcoin companies show strong growth.

The company's specialists have also highlighted an increase in the trading volume of BTC futures.

According to the report:

"The increase in BTC futures volume over the last couple of months highlights the heightened trading activity by institutional entities as the markets speculate over the SEC’s decision on the multiple spot Bitcoin ETFs filings."

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