The daily trading proportion of BTC denominated in US dollars during the US session has risen to 53%, and most of the "Alameda Gap" has made up for it

Thanks to Trump's re-election as president and the growing demand for digital asset funds and derivative contracts in the United States, the focus of the cryptocurrency market has returned to the United States. Kaiko's data shows that the proportion of daily Bitcoin transactions denominated in US dollars during US time slots has risen from 40% in 2021 to approximately 53%. The data also shows that the depth of the cryptocurrency market - the ability to withstand relatively large orders without causing excessive impact on prices - has recovered to pre FTX crisis levels, compensating for most of the 'Alameda Gap'. CF Benchmarks product manager Thomas Erd ö si pointed out that the increasing involvement of institutions has shifted the "liquidity dominance" to the United States. (Bloomberg)