Binance market share drops to 48.7% amid regulatory challenges By Investing.com

From Investing.com:

Binance loses market share as regulatory pressures and CEO resignation take a toll. Competing platforms OKX and Bybit make gains, focusing on derivatives trading. Decentralized exchanges maintain a steady portion of the market, with certain tokens seeing significant value increases. However, not all tokens have fared well, with the price of HT declining. (49 words)

The cryptocurrency market sees changes in market share, with Binance’s decline to 48.7%. Competing platforms OKX and Bybit improve their positions, with a strategic focus on derivatives trading. Decentralized exchanges like Orca and PancakeSwap maintain a steady portion of the market, while certain tokens see significant value increases. (47 words)

Tokens like FTT, MX, and BGB experience significant value increases, with JOE standing out with a remarkable growth rate of 400%. However, the price of HT has experienced a decline despite high liquidity. Decentralized exchanges like Orca and PancakeSwap continue to hold a steady portion of the market. (41 words)



Read more: Binance market share drops to 48.7% amid regulatory challenges By Investing.com