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In 2020, markets around the world experience unprecedented volatility. While the economic recovery in many countries was K-shaped, in recent years Meet small users and institutions Turned to a large number of cryptocurrencies As a force for the crypto market to stand out once again, Binance, the world's # 1 crypto trading platform with high stability and liquidity, reveals a big outlook for the 2020 crypto market. Interestingly, it happened as follows
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Total market cap, cryptocurrencies More than 3.3 times in 2020 alone, the crypto market is expanding rapidly.
The number of institutional clients on Binance has increased 46% since the end of 2019, and institutions are entering the crypto scene at record rates.
Total trading volume on Binance reached 3 trillion USDT, the highest on record.
Interest in Bitcoin (BTC) increased following the Q4 price fluctuation and was Binance's most-followed crypto, with the most traded spot and futures trading pairs. These are BTC / USDT and ETH / USDT.
With DeFi innovations such as liquidity mining, yield farming and crypto lending. Entice users to come up with a new way to earn passive income from Binance Savings, which attracts the most users of all the financial management products on Binance.
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