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As shown by the TokenInsight Dashboard, the top exchanges' total trading volume yesterday (0:00 UTC, August 29 to 0:00 UTC, August 30) climbed to $122.19 billion, a 138.7% surge compared to the previous day.
Yesterday, a US federal court revoked the SEC's order to deny Grayscale's application for a spot Bitcoin ETF, ruling that the SEC must review the application. Inspired by the ruling, the Bitcoin price went up sharply and reached $28,000 at the highest point.
Related: Bitcoin Buying Orders Accumulated over 50% Before Its Significant Price Surge
Note: TokenInsight has selected some exchanges based on our database to calculate the total trading volume, instead of including all exchanges. We have selected 10 exchanges each for spot and derivatives, which account for over 90% of the total trading volume in the market. The 10 selected spot exchanges are Binance, Coinbase, OKX, Bybit, KuCoin, Bitget, Upbit, Gate, Kraken, and Bitfinex. The 10 selected derivative exchanges are Binance, OKX, Bybit, Kucoin, Bitget, Gate, Kraken, Bitfinex, BitMEX, and Deribit. Learn more
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