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cryptonews 2023-11-13 08:43:44

Binance Faces Erosion in Market Dominance with 10% Decline in Trading Volume Amidst Rising Competition: Report

Source: Adobe According to the November 6 report by blockchain analytics firm 0xScope, Binance has maintained its position as the top centralized exchange, with a significant market share; however, its dominance has weakened over the past year, with a continuous decrease in trading volume, particularly in the last three months, experiencing a roughly 10% decrease The post Binance Faces Erosion in Market Dominance with 10% Decline in Trading Volume Amidst Rising Competition: Report appeared first on Cryptonews .

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