A bulk of
overall bitcoin trading volume traditionally belongs to Chinese market.
Not exact matches
Overall in 2015, our average monthly
bitcoin exchange
trading volume increased over 300 %, our OTC
trading desk
traded over $ 40 million in
bitcoin and we tripled our customer base of traders.
However, since both Vietnam and Indonesia didn't contribute too much to the
overall trading volumes, their bans are expected to cause little effect in
Bitcoin's price.
Bitcoin is legal in Japan and these days the
volumes there make up about half of the
overall trade on digital currencies worldwide.
«As the
volumes continue to grow, especially on regulated US markets, the
overall spot
Bitcoin market looks more and more like a traditional commodity market and CBOE continues to believe that the spot market is sufficiently liquid to support a
Bitcoin exchange -
traded products (ETPs),» Concannon added.
It is important to note that
Bitcoin transaction
volumes have hit a two - year low, despite rock - bottom fees and after the release of support for SegWit technology by
Bitcoin Core and exchanges Coinbase and Bitfinex in February, faster and cheaper
Bitcoin transactions appear to interest investors less than
overall trading potential.
Nearly $ 1.6 billion worth of XRP was transacted on global exchanges Thursday, placing it fifth in terms of
overall trade volume behind
bitcoin, Tether, Ethereum and Litecoin.