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Altcoins Overtake BTC in Binance Trading Volume

Published by
Qadir AK

Altcoins now account for more than 60% of trading volume on Binance, while Bitcoin’s share has fallen to 22% and Ethereum’s to 18%. Spot Bitcoin trading volumes have dropped to levels last seen after the 2023 bear market, suggesting reduced investor interest. Analysts say traders are rotating into altcoins in search of higher volatility and stronger short-term returns after Bitcoin’s recent period of limited price movement.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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