As Bitcoin is in the $ 1000 range, up from a record high of $ 19,891 in December 2017, trading on the major cryptocurrency trading platform Binance also reaches new heights, with over $ 37 billion in trading volume in the last 24 hours.
According to CoinMarketCap, the daily volume of Binance is now $ 37,291,444,117, an increase of 40.5% over the past 24 hours. Last week, analysts announced Binance’s $ 25 billion trading volume.
In addition, Bitcoin Open Interest (BTC) futures on Binance reached a full-time high of $ 1.17 billion, according to cryptocurrency analysis website Glassnode.
The rally is accompanied by a bullish price movement for a large crypto asset. Bitcoin has surpassed $ 19,100 at press time, after a 4% increase since yesterday, Ether (ETH) rose more than 25% last week to $ 605, and XRP rose yesterday to an annual high of $ 0.73 . After more than doubling in one week.
Although the exchange attracts more customers than ever before, it does so without American users. Several US-based Twitter users reported a letter from Binance informing them that they have 14 days to close their accounts. Oslo Børs allegedly said that the accounts would be closed if not all the funds could be withdrawn before the deadline. Binance has been restricted to US users since September 2019.