Crypto exchange volumes hit 3 year high in November, riding Trump’s win — TradingView News
Monthly crypto exchange volume hit a three-year high in November, sparked by Donald Trump’s election win at the start of the month, along with renewed hopes of more favorable crypto regulations.
According to data shared by crypto market tracker New Hedge, spot crypto exchange volumes hit $2.9 trillion in November, the highest since May 2021.
A spokesperson from exchange Crypto.com says November was its “strongest month in the last year,” reaching record-high volume levels on the platform.
“As a company and as an industry, we’re seeing increasing interest and investment in cryptocurrencies, which has led to record trading volumes globally over the last few weeks,” they said.
“We anticipate positive market sentiment will…