Binance sees strong rebound in BTC spot activity in November

BTC returned to spot trading, with coins returning to ￰0￱ spot market volumes drove the recent recovery above $103,000. BTC is returning to spot trading, with volumes picking up on Binance in ￰1￱ a series of liquidations, derivative trading for BTC became more ￰2￱ the same time, inflows of stablecoins and BTC from new wallets pointed to a return of spot market ￰3￱ another day of long liquidations and a brief dip to the $100,000 range, BTC recovered once ￰4￱ Thursday, the leading coin traded at $103,357, as the market bounced from its ￰5￱ marks inflows of spot BTC and stablecoins In October, Binance saw increased inflows of BTC from newly created ￰6￱ a temporary low in September, inflows increased for the past month, setting up conditions for a more active spot ￰7￱ accumulated more spot BTC in October, flowing in from new ￰8￱ centralized exchange also saw increased spot volumes in early November. |