TechFlow reported on September 2 that, according to The Block, the monthly trading volume of global centralized cryptocurrency exchanges reached $1.2 trillion in August 2024, a 6.6% increase month-on-month. Binance led the market with a trading volume of $448.5 billion. The North American market performed particularly strongly, reaching a monthly trading volume of $166.8 billion, up 21.6% from the previous month. Crypto.com dominated the North American market, recording a trading volume of $95.8 billion in August. Bitcoin's trading volume continued to significantly surpass that of Ethereum; as of yesterday, Bitcoin’s 7-day average daily trading volume was $10.27 billion, compared to Ethereum’s $6.52 billion.
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