Bybit Trading Volume Rebounds to $1.5 Trillion
- Volume Recovery: Bybit's trading volume reached $1.5 trillion in 2025, capturing an 8.1% market share, demonstrating resilience and recovery despite suffering a $1.5 billion hack, indicating its strong position in the crypto market.
- Impact of Hack: The hack, the largest in crypto history, involved North Korean attackers exploiting vulnerabilities to steal $1.5 billion in Ether; however, Bybit maintained user trust by keeping withdrawals open and honoring all transactions.
- Market Competition: In 2025, six of the top exchanges saw an average trading volume increase of 7.6%, with MEXC leading at a 91% surge to $1.5 trillion, highlighting intensified competition and user preference for zero-fee trading.
- Market Leadership: While Binance led with $7.3 trillion in trading volume, a 0.5% decline from 2024 reflects bearish market sentiment, contrasting with Bybit's recovery, showcasing its potential to regain market share in a competitive landscape.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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