Sentences with phrase «percent global bitcoin market»

China's 90 percent global Bitcoin market share figure mentioned by Gongsheng was refuted by many analysts, investors, and researchers in the cryptocurrency sector as early as last year.

Not exact matches

Bitcoin dominated about 38 percent of the global market capitalization as of Monday.

Once the largest global market for trading, China now accounts for 1.5 percent of bitcoin transactions, while Japan — where regulators have been more open to digital currencies — accounts for more than 60 percent, according to CryptoCompare.com.

According to the Financial Times, bitFlyer has 80 percent market share in Bitcoin trading in Japan and around 20 to 30 percent on the global market.

The cryptocurrency markets made a bullish pivot as the hearing progressed, and by Tuesday the Bitcoin price had recovered to a global average of $ 8,435 — a single - day gain of 22 percent.

Today, the Chinese bitcoin exchange market accounts for less than 5 percent of global bitcoin trades and in four weeks time, China's bitcoin exchange market will have no trading activity at all.

Prior to the imposition of a nationwide ban on Chinese exchanges, the Chinese bitcoin exchange market accounted for around 10 to 13 percent of global bitcoin trades.

The largest Bitcoin Cash market by - volume is Bithumb, which accounts for roughly 30 percent of the global trade through its Korean won - Bitcoin Cash trading pair, CoinMarketCap figures show.

With a reported 75.7 % share of the South Korean bitcoin market volume, Bithumb is one of the five largest bitcoin exchanges in the world and hosts over 13,000 bitcoins worth of trading volume daily, or roughly 10 percent of the global bitcoin trade.

Meanwhile, Bitcoin, the most valuable cryptocurrency in the market with a $ 227 bln market valuation, is en route to ending the year recording a 1,341 percent increase in value, as one of the most profitable cryptocurrency in the global market behind Ripple, Litecoin, Dash and Ethereum.

Japan has become the largest Bitcoin exchange market with 50.75 percent market share of the global Bitcoin exchange market.

The Japanese yen has dominated global bitcoin trade markets month over month this year and occasionally captured well over 60 percent of the world's BTC trade volume.

A good thing to know: Recently, Japan once again became the largest Bitcoin exchange market with 50.75 percent market share of the global Bitcoin exchange market.

As a result, Japan has once again become the largest Bitcoin exchange market with 50.75 percent market share of the global Bitcoin exchange market.

if bitcoin manages to reach 10 percent of the average daily volumes in the global foreign exchange market.

He suggests that the value of bitcoin could surpass the $ 100,000 point in ten years if bitcoin manages to reach 10 percent of the average daily volumes in the global foreign exchange market.

According to various bitcoin market data providers such as BraveNewCoin, Europe accounts for 8 percent of global bitcoin trading, processing around $ 70 million worth of bitcoin trades on a daily basis.

As a result, the Chinese Bitcoin exchange market's trading volume declined significantly, only accounting for around 1 percent of global Bitcoin trades.

While the vast majority of tokens and cryptocurrencies in the global market fell by around 10 percent overnight, bitcoin has sustained its momentum in the $ 11,000 region, with strong volumes.

The largest Bitcoin Cash market by - volume is Bithumb, which accounts for roughly 30 percent of the global trade.

The yen has been the number one currency by volume worldwide as far as bitcoin, and South Korea has taken the third BTC volume position behind the U.S. South Korea also commands the most bitcoin cash (BCH) volume, as the won is over 50 percent of the global market on any given day.

Even though the Chinese bitcoin exchange market was not a major market to begin with as it only accounted for 10 to 13 percent of global bitcoin trades prior to the ban, the bitcoin mining industry of China is accountable for a large portion of the global bitcoin hash rate.

But, the resumption of cryptocurrency trading by the Chinese government could lead bitcoin price to new highs, as China was still a major market with around 10 percent of the global bitcoin exchange market share prior to the ban.

According to several cryptocurrency market data providers including CryptoCompare, the Japanese bitcoin exchange market accounts for 64 percent of global bitcoin trades, nearly twice as large as the US.

Bitcoin accounts for 35 percent of global cryptocurrency trading and it is the most influential cryptocurrency on the market.

Bitcoin price has surpassed $ 12,000 in both South Korea and Japan, two major bitcoin markets that are accountable for approximately 74 percent of global bitcoin Bitcoin price has surpassed $ 12,000 in both South Korea and Japan, two major bitcoin markets that are accountable for approximately 74 percent of global bitcoin bitcoin markets that are accountable for approximately 74 percent of global bitcoin bitcoin trades.

Japan has once again become the largest Bitcoin exchange market with 50.75 percent market share of the global Bitcoin exchange market.

As Lee emphasized, the exit of the Chinese Bitcoin exchange market should really only have affected around 10 to 15 percent of traders in the global Bitcoin exchange market.

Many investors, traders and analysts still remain optimistic in regard to China's ban on exchanges because throughout 2017, the Chinese bitcoin exchange market only accounted for approximately 10 to 13 percent of global bitcoin trades.

The abrupt migration of traders led to the short - term surge in the trading volume of Japan, allowing the market to overtake the US by over 20 percent in global Bitcoin exchange market share.