Behind every crypto rally lies a power struggle. As Bitcoin flirts with $100,000 as a support level, who’s really pulling the strings behind the curtain?
This chart speaks quietly but clearly: Binance isn’t as dominant as before. But it’s far from out of the game.
📉 What Happened in 2024?
At the start of the year, Binance controlled nearly 80% of BTC spot volume. The very image of centralization.
But as spring arrived, that share plunged to around 40%. Other exchanges rose to the challenge. Regulatory pressure? User distrust of a single gatekeeper? Maybe both.
📈 But Then?
As 2025 rolled in, the tide turned again. BTC surged. The market got excited. Binance regained ground.
Because liquidity still lives there—and when big money flows, trust follows volume.
🔍 So What Does This Mean?
This isn’t just about trading volume. It’s a deeper battle over the soul of crypto. A central giant vs. a decentralized ecosystem.
And perhaps this chart whispers something to the sharp investor:
“In calm markets, explore alternatives. But when the tide rises, follow the liquidity.”
Binance may have stumbled but it hasn’t vanished. Power is being redistributed, but the stage is still partially theirs.
The war’s not over. Only the positions have shifted.
Written by BaykusCharts
