Sentences with phrase «caused cryptocurrency trading volume»

Not exact matches

The move caused some panic selling on the market, resulting in a drop of all cryptocurrencies, especially those with large trading volume in South Korea.

This volatility is caused by a multitude of reasons, due to the small size of the trading volume of cryptocurrency compared to that of currencies like the U.S. dollar or the British pound, thus making events and other factors have a much bigger difference in the market.

The Chinese cryptocurrency market boom in the end of 2015 tripled the volume of bitcoin trade and caused the bitcoin rally in December.

So, for example, a Bitcoin holder can take advantage of temporarily favorable exchange rates and trade her Bitcoin for alternative cryptocurrencies, and a bump in the price of Bitcoin may cause investors to increase trading volume in other coins.