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Crypto Market Surges as Trading Volume Hits $24 Billion
This week, the seven-day moving average of spot trading volume on major cryptocurrency exchange platforms exceeded $24 billion, indicating a cryptocurrency market resurgence. The data comes from The Block’s cryptocurrency exchange analytics dashboard, marking a major milestone not seen since March. Bitcoin’s Surge to $35,000 Sparks Crypto Market Revival The recent upward trend that has propelled Bitcoin close to $35,000 has contributed to the cryptocurrency trading comeback. The market has revived due to rising cryptocurrency values, resulting in record daily exchange volumes since spring. Earlier this year, the ... (full story)