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Posted: 2025-05-18 13:44:31 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-18 13:44:39 UTC
Verified By
Rollup News
The crypto market in 2024 experienced significant volatility and growth, driven by events like the approval of Bitcoin spot ETFs and expectations of interest rate cuts. Centralized exchanges (CEXs) remain dominant, but decentralized exchanges (DEXs) are gaining traction. Binance remains the largest CEX, while MEXC and Bitget have seen notable growth. Security challenges persist, as highlighted by an incident involving BingX.
Bitcoin spot ETF approval stimulated market sentiment
DEXs reached $2 trillion in trading volume, accounting for 2.98% of the total crypto market volume
Binance remains the largest centralized exchange
MEXC and Bitget experienced significant market share growth
Security challenges highlighted by the BingX incident
Market consolidation after Bitcoin halving
Security vulnerabilities in smaller exchanges
Maintaining market share in a competitive exchange landscape