Sentences with phrase «bitcoin trading volumes fell»
Notably, according to local publication Portal do Bitcoin, bitcoin trading volume fell by about 50 % in Brazil soon after its biggest exchange went down.
http://bitcoinnews.international/ Not exact matches
«While the controls led the Jan - July trade volume to fall from $ 9 billion to less than $ 1 billion, Bitcoin and other cryptocurrencies rallied 4X in that time period.
These weekly figures fell short of many weeks so far earlier this year, when bitcoin's trading volume was roughly 30m.
Huobi, OKCoin and BTCC account for 90 percent of Bitcoin's global trading volume and saw prices near historical highs in the past 36 hours before they fell dramatically.
While China still dominates crypto mining and mining equipment manufacturing, the country's Bitcoin trading volume has fallen.
With China contributing significantly in daily trading volumes, the price of Bitcoin fell below $ 4000.
However, the downslide of the cryptocurrency price during the previous similar fall in bitcoin trading volume, which occurred on 15 June, was much less expressed.
Not only has trading volume fallen, but volatility has been subdued, with bitcoin prices trading in a tight range between $ 885 and $ 905 on 25th January, CoinDesk Bitcoin Price Index (BPI) figurebitcoin prices trading in a tight range between $ 885 and $ 905 on 25th January, CoinDesk Bitcoin Price Index (BPI) figureBitcoin Price Index (BPI) figures show.
«The follow - up rally for both bitcoin and the Nasdaq always saw falling trading volumes,» Shah warned.
In fact, one of the most oft - cited reasons for the inherent instability of Bitcoin was that most trading volume is in China, who have a history of market interventionism, and that when they issued the ban Bitcoin would fall drastically and irreparably.
As a result global trading volumes crashed even as the Bitcoin price continued to surge (after a temporary fall in the price).
The Bitcoin trading volume has jumped nearly 300 % since the market decline in December but each rally saw volumes fall ahead of the bear market to come.
It is no coincidence that Bitmain, the worlds largest Bitcoin mining equipment manufacturer, is a Chinese company.While China still dominates crypto mining and mining equipment manufacturing, the countrys Bitcoin trading volume has fallen.