U.S. crypto trading nearly doubles to 15% in one year: Here’s how
U.S. crypto trading activity has surged, with its share of global spot trading nearly doubling from 8% to 15% within a year. This growth reflects a shift toward platforms offering deeper liquidity and reduced price impact for large trades. While offshore exchanges still lead in volume, U.S. platforms are gaining ground, especially after regulatory approvals for derivatives market entrants like Coinbase.
On-chain data shows negative Bitcoin exchange flows, indicating accumulation and reduced sell-side pressure. Institutional demand via U.S. Spot Bitcoin ETFs continues to support the market with consistent inflows. However, derivatives market analysis reveals significant liquidation clusters between $80K–$90K and $55K–$60K, which may dictate Bitcoin’s near-term price movement.
Market sentiment, though still in “Fear” territory, is improving from earlier extremes. Long-term holder activity is near a four-year high, suggesting growing confidence. These signals collectively point to a potential sustained market recovery with buyers gradually taking control.
ambcrypto03/18 21:04
