TechFlow news, December 25 — According to Bloomberg, data from cryptocurrency analytics platform Kaiko shows that the share of dollar-denominated Bitcoin trading during U.S. trading hours has risen from 40% in 2021 to around 53%. Market depth has recovered to pre-FTX crisis levels, largely filling the "Alameda Gap."
Thomas Erdösi, Head of Product at CF Benchmarks, said increasing institutional participation is driving liquidity toward the United States. Analysts believe this trend is primarily fueled by Trump’s pledge to make the U.S. a hub for the crypto industry and the successful launch of Bitcoin ETFs.
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