The volumes of spot trading in Bitcoin and altcoins have sharply decreased as cryptocurrency prices entered a correction phase.

- The spot trading volume for Bitcoin fell from $44 billion to $10 billion, while for altcoins it dropped from $122 billion to $23 billion.

- Binance increased its market share, reaching nearly 50% of the total trading volume.

- While other exchanges are losing volumes, Binance is becoming the largest platform for liquidity.