According to data from the Crypto.com exchange for October, 97% of its users exclusively traded Bitcoin and Ethereum. These two largest cryptocurrencies, by market capitalization, have achieved an exchange’s daily volume up to nearly $5.3 billion. During October, the trading volume grew to a record $139 billion, almost twice as much as Coinbase’s $57 billion. It is stated that the growth is primarily due to the price increase of Bitcoin and Ethereum, attracting more investors to the market. Data reveals that demand for Bitcoin and Ethereum among Crypto.com users remains consistent. The momentum of investment in digital assets will continue to play a significant role in the growth of the stock market.
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