The Bitcoin trading volume reached 2.874 trillion US dollars in the first 8 months, surpassing the trading volume during the bull market period in 2021
According to Paris-based data provider Kaiko, the cumulative trading volume of BTC traded on centralized exchanges reached $2.874 trillion in the first eight months of 2024, surpassing the nominal trading volume record set during the bull market period in 2021. When discussing the record-breaking trading volume in its weekly report, Kaiko stated: "The rise in cryptocurrency volatility is accompanied by an increase in market participation, at least in the Bitcoin market."
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