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"Uptober" Takes Crypto Exchanges to New Heights: Best in 4 Years
This year's cryptocurrency "Uptober" did not disappoint and benefitted the largest cryptocurrencies and centralized exchanges. Bitcoin's (BTC) nearly 30% increase drove retail trader activity, impacting a significant growth in spot volumes among the TOP 10 exchanges. On average, volumes grew 54% in October compared to September. According to data collected by Finance Magnates Intelligencer, the total volume increased month-over-month (MoM) $153 billion, bouncing back from the worst month since the beginning of 2023. Crypto Volumes Up in October 2023, ByBit Climbs to the Podium: October has historically been one of the ... (full story)