Binance Market Share Continues to Fall As Crypto Giant Loses Ground to Rivals

Binance, the world’s largest cryptocurrency exchange, has seen a sharp drop in market share among non-dollar crypto exchanges.
According to data by The Block, Binance’s market share among a group of exchanges that includes major Asian players like Upbit, Huobi, Bybit, and OKX hit 54% in August and is projected to further drop to under 51% in September.
This comes as the exchange had a 75% market share among these exchanges at the end of 2022. …
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