Binance, Coinbase lead recent crypto rally, analyst says

Recent gains in the cryptocurrency market are being led by Binance and Coinbase, crypto analyst CW8900 said on X. CW8900 said Binance took in $2.0261 billion in stablecoins and Coinbase received $1.4472 billion on Aug. 21, the day that saw the largest recent stablecoin inflows. Combined inflows to the two exchanges accounted for more than half of the total, CW8900 added.