Asian markets are a vital player when contributing to
crypto daily trading volumes.
Not exact matches
Average
daily traded volumes across cryptocurrency exchanges fell to $ 9.1 billion in March and to $ 7.4 billion in the first half of April, compared with almost $ 17 billion in December, according to data compiled by
crypto analysis website CryptoCompare.
Cryptocurrencies, which are heavily concentrated in the South Korean
crypto exchange market in terms of
daily trading volume and user activity, have recovered faster than others.
Hong Kong - based cryptocurrency exchange Binance has temporarily moved to the top of the rating of
crypto - exchanges with the largest
volume of
daily trades.
The London Block Exchange, a UK bitcoin startup, writes in its
daily market report on Thursday: «As we approach the weekend — traditionally a period with less
trading volume and therefore more prone to wild movements, with a tendency to dip — we continue to recommend closely watching bitcoin's price to gauge the direction of the
crypto markets.
It recently proclaimed to have become the largest
crypto trading venue in the world by
volume with $ 2.8 billion
traded daily, according to data from Coinmarketcap.
This will be the first ETF in the
crypto - currency world, and First Crypto ETF will invest in 10 highly liquid cryptocurrencies that have high daily trading vo
crypto - currency world, and First
Crypto ETF will invest in 10 highly liquid cryptocurrencies that have high daily trading vo
Crypto ETF will invest in 10 highly liquid cryptocurrencies that have high
daily trading volumes.
It just goes to show
crypto market is still in its infancy stage, which is apparent by looking at 20x increase in
daily trading volume since the start of 2017 without any fundamental change in market structures.
Trading was relatively calm by
crypto market standards, with total
daily volume declining to around $ 17 billion.
However, the
crypto asset market is almost unnoticeable in contrast to the stock market, whose total capitalization exceeds $ 60 trillion, or the forex market, whose
daily trading volume is over $ 5 trillion.