Reports have shown that Binance lost another 4% of the global spot market share and another 2% on derivatives to other major competitors like Bybit and HTX. This marks the seventh consecutive month in a row that binance has lost market share on spot trading. Speculation around the US regulatory bodies making things difficult for US citizens to register, causing a decline in user base over recent months. Have we seen the once Crypto exchange giant lose its strong hold on the market as other popular exchanges step into the ring?
