Golden Finance reported that according to The Block, the spot trading volume of the encryption market reached US$2.7 trillion in November, a new high since May 2021, more than double the transaction volume in October (US$1.14 trillion). About 36% of the trading volume in November came from Binance, with the platform’s trading volume exceeding $986 billion. Crypto.com, Upbit, and Bybit followed closely, with transaction volumes exceeding $200 billion each, and all regions around the world experienced significant month-on-month growth in transaction volume. In addition, the total trading volume of Bitcoin futures on the trading platform reached US$2.59 trillion and Ethereum futures reached US$1.28 trillion in November, both hitting new highs since May 2021. In addition, the total trading volume of Bitcoin futures on the trading platform reached US$2.59 trillion and Ethereum futures reached US$1.28 trillion in November, both hitting new highs since May 2021.