Posted 12/2/2023, 10:15:19 PM
Coinbase Gains Ground as Binance Faces Regulatory Headwinds
- Coinbase's market share grew significantly outside of US trading hours amid Binance's legal issues
- Bybit saw over 20% increase in market share during 16 out of 24 hours
- Binance maintained its liquidity leadership across BTC and altcoins despite facing challenges
- Some believe Binance's settlement with DOJ de-risks crypto industry and is a positive
- Coinbase stock price hit an 18-month high following Binance's troubles