📊 Bybit Becomes the Second Largest Exchange by Trading Volume After Binance

🔼Bybit's growth is allegedly linked to the collapse of FTX, as its margin trading service collateralized by digital assets has attracted users' attention.

🔝 In general, exchanges have benefited from the doubling of Bitcoin's price over the past year, spurred by the emergence of specialized exchange-traded funds in the US. The surge marks a comeback after the bear market and the scandalous period triggered by the collapse of FTX in 2022.