{"id":22012,"date":"2022-12-22T05:26:34","date_gmt":"2022-12-22T05:26:34","guid":{"rendered":"https:\/\/casinosenligne.com\/?p=22012"},"modified":"2023-08-23T16:15:48","modified_gmt":"2023-08-23T16:15:48","slug":"binance-increases-monthly-market-share-by-31-in-2022","status":"publish","type":"post","link":"https:\/\/casinosenligne.com\/blog\/2022\/12\/22\/binance-increases-monthly-market-share-by-31-in-2022\/","title":{"rendered":"Binance Increases Monthly Market Share By 31% In 2022"},"content":{"rendered":"<p>Binance is on the verge of securing a monopoly in the cryptocurrency industry after increasing its market share by nearly 31 percent over the past year.<\/p>\n<p>The collapse of FTX appears to have played a role in allowing the company to assume a dominant position in the cryptocurrency market.<\/p>\n<p>The company topped the list of the biggest cryptocurrency exchanges in November and appears to have increased its stranglehold on the market ever since.<\/p>\n<p>Binance started 2022 with a 59.92 percent share of the market in January but that number has grown to 78.43 percent as of December 21, 2022, according to data aggregated by The Block.<\/p>\n<p>Here are the highlights from the data below:<\/p>\n<ul>\n<li>Binance, Coinbase top list of biggest cryptocurrency exchanges in November<\/li>\n<li>Binance increased its monthly market share by 31% in 2022<\/li>\n<li>Binance&rsquo;s 2022 trading volume eclipsed $5 trillion in December 2022<\/li>\n<\/ul>\n<h2>Binance, Coinbase Top List of Biggest Cryptocurrency Exchanges in November<\/h2>\n<div class=\"infogram-embed\" data-id=\"_\/fFGmIKmWbN7izBGJiOyV\" data-type=\"interactive\" data-title=\"Biggest Crypto Exchanges in 2022 by Trading Volume\"><\/div>\n<p><script>!function(e,i,n,s){var t=\"InfogramEmbeds\",d=e.getElementsByTagName(\"script\")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement(\"script\");o.async=1,o.id=n,o.src=\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\",d.parentNode.insertBefore(o,d)}}(document,0,\"infogram-async\");<\/script><\/p>\n<p>Binance continued to increase its market share in the cryptocurrency industry last month.<\/p>\n<p>According to spot market volumes from The Block, Binance finished the month of November with $505.62 billion in monthly exchange volume, good for 75.13% market share.<\/p>\n<p>Coinbase, Kraken, BTSE, and LMAX Digital rounded out the list of the top-five biggest cryptocurrency exchanges in November. Coinbase finished the month with $62.09 billion in trading volume but no other exchange transacted more than $24 billion.<\/p>\n<p>Despite earning an increasingly dominant position in the market, Binance still saw its monthly exchange volume drop by more than 46% year-over-year.<\/p>\n<p>The exchange posted a monthly exchange volume of $931.83 billion in November 2021.<\/p>\n<p>The top-five cryptocurrency exchanges in November 2022 in terms of spot trading volume can be found below.<\/p>\n<ol>\n<li><strong>Binance:<\/strong> $505.63B<\/li>\n<li><strong>Coinbase:<\/strong> $62.09B<\/li>\n<li><strong>Kraken:<\/strong> $23.91B<\/li>\n<li><strong>BTSE:<\/strong> 12.04B<\/li>\n<li><strong>LMAX Digital:<\/strong> $11.17B<\/li>\n<\/ol>\n<p><em><strong>Note: <\/strong>Based on spot market volumes for cryptocurrency exchanges. Includes largest exchanges with trustworthy reporting of exchange volume metrics.<\/em><\/p>\n<h2>Binance Increases Monthly Market Share by 31% in 2022<\/h2>\n<div class=\"infogram-embed\" data-id=\"_\/TP7RxAKgHzzhGTCtmH3z\" data-type=\"interactive\" data-title=\"Monthly Market Share of Top Cryptocurrency Exchanges\"><\/div>\n<p><script>!function(e,i,n,s){var t=\"InfogramEmbeds\",d=e.getElementsByTagName(\"script\")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement(\"script\");o.async=1,o.id=n,o.src=\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\",d.parentNode.insertBefore(o,d)}}(document,0,\"infogram-async\");<\/script><\/p>\n<p>Without question, Binance has emerged as the biggest winner in the wake of the FTX collapse.<\/p>\n<p>In a congressional hearing on Dec. 14, Canadian businessman and TV personality Kevin O\u2019Leary claimed that Binance \u201cput FTX out of business\u201d.<\/p>\n<p>Binance\u2019s CEO, Changpeng Zhao, responded to O\u2019Leary\u2019s comments, calling them \u201ca bunch of nonsense claims\u201d in a CNBC interview on Dec. 15.<\/p>\n<p>Despite growing concerns about the company, the world\u2019s leading crypto exchange managed to secure a monopoly in the industry this year.<\/p>\n<p>Binance began the year with a 59.92 percent market share in January but it has increased its monthly market share to 78.43 percent as of December 21, 2022. That represents a jump of nearly 31 percent.<\/p>\n<p>Check out the monthly market share for some of the world\u2019s top crypto exchanges below.<\/p>\n<div class=\"su-table su-table-responsive su-table-alternate\">\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td><b>Binance<\/b><\/td>\n<td><b>Coinbase<\/b><\/td>\n<td><b>Kraken<\/b><\/td>\n<td><b>BTSE<\/b><\/td>\n<td><b>Binance US<\/b><\/td>\n<td><b>FTX<\/b><\/td>\n<td><b>FTXUS<\/b><\/td>\n<td><b>18 Others<\/b><\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center\"><b>Jan 2022<\/b><\/p>\n<\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">59.92%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">14.31%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">3.99%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.7%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.65%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">8%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.91%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">10.98%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>Feb 2022<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">61.48%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">13.46%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">3.83%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.8%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.43%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">7.53%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.92%<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">10.94%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center\"><b>Mar 2022<\/b><\/p>\n<\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">65.85%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">11%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">3.86%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.99%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.24%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">7.36%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.7%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">9.27%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>Apr 2022<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">67.21%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">10.46%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">3.2%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">2.29%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.19%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">7.14%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.65%<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">4.06%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center\"><b>May 2022<\/b><\/p>\n<\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">64.07%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">9.6%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">3.7%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.81%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.21%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">10.77%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.83%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">8.15%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>Jun 2022<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">63.22%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">9.39%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">3.44%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.81%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.1%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">11.37%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.09%<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">12.05%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center\"><b>Jul 2022<\/b><\/p>\n<\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">69.38%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">8.15%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">2.75%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.71%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.99%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">8.99%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.01%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">8.16%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>Aug 2022<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">69.49%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">9.26%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">2.58%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.3%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.77%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">7.8%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.06%<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">7.7%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center\"><b>Sep 2022<\/b><\/p>\n<\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">73.7%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">6.55%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">2.3%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.57%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.57%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">7.06%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.84%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">6.57%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>Oct 2022<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">71.81%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">8.64%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">2.51%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.73%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">2.09%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">6.71%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.02%<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">9.73%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center\"><b>Nov 2022<\/b><\/p>\n<\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">75.13%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">9.23%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">3.55%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.79%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.54%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">3.15%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0.35%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">8.77%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>Dec 2022*<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">78.43%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">9.68%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">3.83%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.77%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">1.68%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0%<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">0%<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">4.61%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400\"><\/div><\/span><\/p>\n<p><span style=\"font-weight: 400;\">*as of Dec. 21, 2022<\/span><\/p>\n<h2>Trading volume eclipses $5 trillion in December 2022<\/h2>\n<div class=\"infogram-embed\" data-id=\"_\/RpctDh6jh75IEtjHRK7p\" data-type=\"interactive\" data-title=\"Binance Monthly Trading Volume\"><\/div>\n<p><script>!function(e,i,n,s){var t=\"InfogramEmbeds\",d=e.getElementsByTagName(\"script\")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement(\"script\");o.async=1,o.id=n,o.src=\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\",d.parentNode.insertBefore(o,d)}}(document,0,\"infogram-async\");<\/script><\/p>\n<p>For the year, Binance\u2019s trading volume has eclipsed $5 trillion.<\/p>\n<p>Despite reaching the milestone, Binance\u2019s trading volume is set to decrease by a projected 40 percent year-over-year.<\/p>\n<p>The drop in trading volume reflects the state of consumer confidence in the cryptocurrency market.<\/p>\n<p>Compared to 2021, Binance\u2019s trading volume was down 44.49 percent from January through November.<\/p>\n<p>In fact, Binance has watched its monthly trading volume to decrease year-over-year in every month during 2022.<\/p>\n<p>May (65 percent) and April (60.6 percent) were the months with the biggest year-over-over decreases in trading volume. Meanwhile, January (2.69 percent) and July (3.49 percent) had the lowest year-over-year decreases.<\/p>\n<p>Check out Binance&rsquo;s monthly trading volume below.<\/p>\n<div class=\"su-table su-table-responsive su-table-alternate\">\n<table>\n<tbody>\n<tr>\n<td style=\"text-align: center\"><\/td>\n<td style=\"text-align: center\"><b>2021<br \/>\n(in billions)<\/b><\/td>\n<td style=\"text-align: center\"><b>2022<br \/>\n(in billions)<\/b><\/td>\n<td style=\"text-align: center\"><b>Change YoY<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>January<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$518.04<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$504.12<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">-2.69%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center\"><b>February<\/b><\/p>\n<\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$760.97<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$423.87<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">-44.30%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>March<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$757.26<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$490.34<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">-35.25%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center\"><b>April<\/b><\/p>\n<\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$1,180<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$465.34<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">-60.56%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>May<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$1,520<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$532.11<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">-64.99%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center\"><b>June<\/b><\/p>\n<\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$677.95<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$397.83<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">-41.32%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>July<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$454.82<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$438.96<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">-3.49%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center\"><b>August<\/b><\/p>\n<\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$751.28<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$437.84<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">-41.72%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>September<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$828.02<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$540.77<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">-34.69%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center\"><b>October<\/b><\/p>\n<\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$856.08<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$390.41<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">-54.40%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>November<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$931.83<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$505.63<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">-45.74%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center\"><b>December<\/b><\/p>\n<\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$656.75<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$206.11*<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">-68.62%*<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><b>Total<\/b><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$9,893<\/span><\/td>\n<td style=\"text-align: center\"><span style=\"font-weight: 400\">$5,333.33<\/span><\/td>\n<td>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">-46.09%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><span style=\"font-weight: 400;\">*as of Dec. 21, 2022<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance is on the verge of securing a monopoly in the cryptocurrency industry after increasing its market share by nearly 31 percent over the past year. The collapse of FTX appears to have played a role in allowing the company to assume a dominant position in the cryptocurrency market. The company topped the list of &hellip; <\/p>\n","protected":false},"author":102,"featured_media":22016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance Increases Monthly Market Share By 31% In 2022<\/title>\n<meta name=\"description\" content=\"Binance increased monthly market share by 31 percent in 2022. 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