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Binance Market Share Tumbles 16% - Kaiko Research: Data Debrief

Date 03/04/2023

Welcome to the Data Debrief! Bitcoin closed the week slightly up despite a major CFTC lawsuit against Binance and news that the U.S. government had sold 9,861 BTC connected to Silk Road (with plans to sell more). Today we explore:

 

  • Binance's 16% drop in market share
  • XRP trade volume on Korean exchanges
  • BTC's correlation with gold surpassing equities

 

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