Binance Solidifies Its Grip as the World’s Leading Bitcoin Exchange
According to Coin Bureau, Binance captures 35.4% of Bitcoin trading volume, highlighting its outsized influence on BTC liquidity and market pricing.
Binance’s dominance highlights its unmatched liquidity, advanced infrastructure, and diverse trading ecosystem. With deep order books and a wide range of services, from spot and derivatives trading to staking, Binance has captured a commanding share of the Bitcoin market, solidifying its status as the preferred platform for both retail and institutional investors.
Following Binance, Crypto.com commands 16.5% of global Bitcoin trading volume. Its rapid growth is fueled by aggressive marketing, high-profile sponsorships, and a versatile product suite, including a crypto-backed payment card and an intuitive mobile app, positioning it as a rising contender in the exchange arena.
Coinbase and Bybit each control 8.5% of BTC trading. Coinbase draws users with its regulatory compliance and beginner-friendly platform, while Bybit specializes in derivatives trading, offering leveraged contracts and professional-grade tools for advanced traders.
Together, they form the next tier of market influence, though their footprints remain far smaller than Binance’s.
Therefore, Binance’s dominance in Bitcoin trading underscores the power of scale, reliability, and innovation in crypto.
Bitcoin Eyes $100K as Historic Pattern Resurfaces, Analyst Says
Market analyst BuddyKing says Bitcoin may be gearing up for a major rally, echoing its 2021 price action with a familiar double top pattern signaling potential bullish momentum.
Bitcoin’s price is echoing late 2021, revisiting the double top pattern that preceded a historic rally. Analyst BuddyKing suggests that if this structure holds, BTC could surge toward $100,000–$105,000, signaling a strong continuation of the bullish trend.
Historically, this pattern marked key resistance before a major breakout, attracting both retail and institutional investors. With market optimism rising, a similar trajectory may be unfolding if support levels hold and buying momentum persists.
Several factors point to a potential Bitcoin upswing. Strong liquidity, robust trading volumes, and growing institutional interest are boosting market momentum. Supportive macro conditions, stable interest rates, and positive regulatory developments further enhance the outlook.
BuddyKing acknowledges that these fundamentals, coupled with the double top technical setup, could propel BTC toward $100K before the next major correction.
If history repeats, Bitcoin could surge toward $100,000–$105,000 from the present $92,744 level.
Conclusion
Binance’s 35.4% share of Bitcoin trading cements it as the market bellwether: unmatched liquidity, continuous product innovation, and global access allow it to shape trends, investor behavior, and the future of digital finance.
On the other hand, Bitcoin’s potential surge toward $100,000–$105,000 highlights the influence of historical patterns on market sentiment.
The convergence of a double top structure, strong fundamentals, and rising investor interest points to a bullish near-term outlook. Traders should stay alert, balancing optimism with caution, as BTC approaches a pivotal moment that could shape its next major price move.