Bitcoin Rally Signal? Analyst Links Binance Spot Volume Surges To Price Upswings

  • Bitcoin (BTC) may be on the cusp of another rally, as leading cryptocurrency exchange Binance saw its spot volume rise from around 40% on July 15 to as high as 60% on July 18. Historical data suggests that surges in Binance's spot market share have frequently preceded upward movements in BTC's price.