CME "Last Year's Average Daily Crypto Trading Volume Increased by 203% Compared to the Previous Year"

Source
Doohyun Hwang

Summary

  • It was reported that last year's average daily trading volume of cryptocurrencies increased by 203% compared to the previous year.
  • It was stated that the average daily trading volumes of Bitcoin and Ethereum futures reached record highs.
  • Ethereum's annual growth rate was reported to be a relatively modest 40% compared to Bitcoin.

Last year's average daily trading volume of cryptocurrencies increased by more than 200% compared to the previous year.

According to data released by the Chicago Mercantile Exchange (CME) Group on the 3rd (local time), the average daily trading volume of cryptocurrencies last year was 117,000 transactions, up 203% from the year before.

The average daily trading volumes of Bitcoin and Ethereum (ETH) futures reached record highs of 16,000 and 6,400 transactions, respectively. Bitcoin surged by about 120% throughout 2024. Ethereum's annual growth rate last year (about 40%) was relatively modest compared to Bitcoin.

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Doohyun Hwang

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