In February, the combined spot and derivatives trading volume on centralised exchanges rose2.28% to $4.73tn as trading activity remains at a heightened level with Bitcoin nearing new all-time highs. The spot trading volume on centralised exchanges rose 2.65% to $1.41tn, recording the fifth consecutive increase in monthly trading volume. Meanwhile, the derivatives trading volume rose 2.12% to $3.32tnas traders continued to speculate on the price action of assets with Bitcoin nearing its previous all-time high.