<ul><li>The cryptocurrency market witnessed extraordinary trading activity in December 2024, with total spot trading volume across major exchanges reaching $2.14 trillion, marking an 8% increase from November's $1.99 trillion and a staggering 142% year-over-year growth.</li><li>Binance maintained its dominant position, commanding 47% of the market share with $1 trillion in trading volume. South Korea's Upbit and ByBit demonstrated exceptional performance, recording monthly growth of 21% and 20%, respectively.</li><li>Coinbase, the leading U.S. exchange, maintained steady growth with a 9% monthly increase and 174% year-over-year expansion. Most exchanges reported positive monthly growth, with only Bitstamp showing a decline of 14%.</li><li>The significant volume increase reflects the continued maturation of the cryptocurrency market and sustained institutional interest throughout December 2024, building upon the momentum from November's strong performance.</li></ul>

Global Spot Crypto Trading Climbs 142% Year-Over-Year to $2.1T

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