Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays – Exchanges Bitcoin News

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While crypto exchange volumes soared, the trading platforms Coinbase and Kraken reported the exchanges suffered from connectivity problems.

All ten of the top crypto exchanges saw significant triple-digit increases in terms of 24-hour trade volume. The world’s largest exchange by trade volume, Binance, sawin global trade volume during the past day. Binance’s exchange volume has jumped 176.75% higher during the last 24 hours. Out of the top ten exchanges, Coinbase’s trade volume saw the lowest rise on Tuesday but it still experienced a 126.70% increase in 24 hours.

The top five exchanges by global trade volume recorded $60.13 billion in trade volume out of the whopping $201.62 billion in global trade volume recorded on every exchange worldwide. Binance US was followed by Kucoin, Huobi Global, Bitfinex, Gemini, and Bitstamp respectively, in terms of 24-hour trade volume.was not as high as stats show on Nov. 8, 2022, as $71.22 billion worth of global trades were recorded. The aggregate $201.62 billion in global trade volume recorded on Nov.

 

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