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European Cryptocurrency Trading Volume Increased Over 200% in December

According to a new report from Kaiko, European cryptocurrency trading volume in December increased by over 200%, with monthly trading volume in euros reaching €16 billion (approximately $17 billion), up from a low point of around €5 billion (approximately $5.4 billion) three months ago. Kaiko stated that the surge in trading activity among traders helped Europe's market share in global fiat currency trading volume rise from 6.2% in the past 12 months to 7.7%. In addition, data shows that a few exchanges account for over 98% of euro trading volume, including Bitvavo, Kraken, Coinbase, Bitstamp, and Binance.

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