Despite a dropdown in crypto capitalization, leading exchange Bitget scored a number of achievements last May
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In contrast with the declining metrics of competitive services, Bitget crypto exchange expands its array of accomplishments in Q2 2024. In May, it registered a notable OI, capital inflows surge.According to CCData's report, centralized exchanges experienced a decline in combined spot and derivatives of 20.1% to $5.27 trillion in May, despite a 30.5% surge in open interest on derivatives exchanges to $55.2 billion.
This could be attributed to factors such as shifts in investors’ focus from short-term trading to longer-term positioning in anticipation of significant events like BTC Halving and heightened market expectations for future price movements.Cardano Reaches Lowest Level of 2024, Again, Shiba Inu Hits Critical Reversal Level, Ethereum Hits Awful $3,600 ReversalBitget, known for its well-established position as a top derivatives exchange, has experienced a 39.
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