Binance Leads Q1 Crypto Trading with $20.5T Volume as Institutional Demand Supports Bitcoin Market Stability Crypto markets stayed active in the first quarter, even as trading cooled from January highs. Coinglass said total spot and derivatives volume reached about $20.57 trillion. Derivatives remained the main driver, and Binance kept its lead across major exchange metrics. Bitcoin also stayed in a narrow range as institutional demand helped absorb supply. That support came as large holders kept selling and broader market sentiment stayed cautious. Derivatives market drives Q1 activity: Coinglass reported about ... (full story)