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Mid-tier crypto exchanges gain ground amid 3 trillion market cap milestone

December recorded a cryptocurrency exchange volume of 2.94 trillion USD, up 8.5% from November’s 2.71 trillion USD. This marks the second month surpassing the 2 trillion USD mark, indicating strong market activity.

While Binance remains the leader with 1 billion USD in volume, mid-tier exchanges like BitGet, OKX, and Huobi showed significant gains. BitGet surged to 178 billion USD, while OKX and Huobi reported volumes of 177 billion USD and 95 billion USD respectively.

The growing participation from retail investors and improved infrastructure are key drivers of these trends. In this context, Bitcoin fluctuated between 90,000 USD and 94,000 USD, leading to a total market capitalization that surpassed 3 trillion USD.

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