Data: The exchange's daily trading volume reached a 12-month high of $117 billion

ChainCatcher news, according to The Block, exchange trading volume has reached its highest level in 12 months at $117 billion, while the average trading volume during the same period was $44 billion.

As of mid-November, USD-supported exchange trading volume has reached $229 billion, nearly matching October's $237 billion with half a month remaining. This surge coincides with Bitcoin hitting an all-time high of over $90,000, indicating an increase in market participation across the entire trading ecosystem. Volume indicators suggest that market dynamics across the industry are changing.