Market share of top crypto exchanges passes $1T: CryptoCompare report

Cointelegraph

Published Feb 16, 2021 02:42PM ET

Updated Feb 16, 2021 04:20PM ET

Out of the 160 cryptocurrency exchanges analyzed in a recent report, half control roughly 85% of the total market share.

According to a CryptoCompare Research report published today, exchanges that the analytics firm rated as “top tier” gained 13% of the market share from October 2020 to January. This put the market share of these 84 exchanges at roughly 74%, with more than $1 trillion in assets.

Source: CryptoCompare

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