Bitcoin Price Linked To Binance Vs Coinbase Battle, Quant Reveals

A quant has explained how there appears to be a relationship between Coinbase’s spot volume dominance vs. Binance’s and the Bitcoin price.
Bitcoin Has Been Reacting To Binance/Coinbase Volume Changes
In a CryptoQuant Quicktake post, an analyst discussed the dynamics in the cryptocurrency market that arise out of the battle happening between Binance and Coinbase for spot volume dominance.The quant shared a chart below that shows how this war for dominance has played out over the past