Top 10 Crypto Exchanges See Spot Volumes Soar up 145.54% Monthly Under Trump Effect
Based on spot trading volume data since November 2024, Fazzaco has compiled the performance of the top ten crypto exchanges. In this month, due to Trump’s landslide victory in the U.S Presidential Elections, the crypto market's saw a drastic rise of 145.54% compared to last month, soaring from October's US$870.16 B to this month's US$2136.59 B.
The specific data are as follows:
The world's largest cryptocurrency exchange had a spot trading volume of US$986.01 billion in November, a 131.64% up from US$425.66 billion in October.
The Korean crypto exchange Upbit had a spot trading volume of US$234.52 billion in November, up 385.75% from US$48.28 billion in October.
The Dubai-based crypto exchange Bybit had a spot trading volume of US$213.9 billion in November, up 73.37% from US$123.38 billion in October.
The leading US exchange Coinbase had a spot trading volume of US$175.79 billion in November, up 181.26% from US$62.5 billion in October.
OKX had a spot trading volume of US$169.02 billion in November, up 180.30% from US$60.3 billion in October.
The crypto exchange Gate.io, which was first established in China in 2013 and later moved to the Cayman Islands, had a spot trading volume of US$159.08 billion in November, up 184.68% from US$55.88 billion in October.
HTX had a spot trading volume of US$83.32 billion in November, up 69.90% from US$49.04 billion in October.
Kraken had a spot trading volume of US$54.99 billion in November, up 161.86% from US$21 billion in October.
The offshore-regulated crypto exchange Kucoin had a spot trading volume of US$47.87 billion in November, up 143.61% from US$19.65 billion in October.
LMAX Digital is a crypto exchange operated by the UK FCA-regulated LMAX Group. It had a spot trading volume of US$12.09 billion in November, up 170.47% from US$4.47 billion in October.
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