The global peer - to - peer (P2P) bitcoin markets have seen
record trading volume as a consequence of last week's major price retracement.
Not exact matches
Interactive Brokers said in a release Monday that
as of 9:15 a.m., bitcoin futures
trading in its accounts represented about half of Cboe's
recorded volume.
U.S. - listed ETFs
recorded volumes of $ 240 billion and $ 260 billion on February 5 and 6,
as stocks fell and then rebounded, among the busiest
trading days on
record in U.S. equities (source: NYSE).
Trading has been dominated by BTC in the last two weeks, and the most valuable coin continued to draw
record volumes,
as it surged to new all - time highs almost every day of last week.
Gold
trading on China's largest physical bullion bourse is already exceeding last year's
record volume as the world's biggest gold buyer seeks to exert its influence on the global market according to Bloomberg.
U.S. - listed ETFs
recorded volumes of $ 240 billion and $ 260 billion on February 5 and 6,
as stocks fell and then rebounded, among the busiest
trading days on
record in U.S. equities (source: NYSE).
Australia - based forex broker International Capital Markets,
trading as IC Markets, said on Monday its
trading volume continued to rise and reached a new
record - high of $ 234 billion in March 2017.
Ether's price fluctuations also notably took place amid generous
trading volume,
as 24 - hour transaction activity reached $ 62.7 m at one point during the day, coming close to the
record daily high of $ 65.3 m reached in March, CoinMarketCap figures reveal.
The Bitcoin Cash (BCH) offshoot soared to new
records over the weekend,
as higher
trade volume and a boost in mining profitability drove gains.
As per CoinMarketCap, total
trading volumes for BCH have dropped 84.2 percent over the last four days, indicating that the pullback from the
record highs is largely «corrective» in nature.
It was a good week for San Francisco - based cryptocurrency exchange Kraken
as the company announced that on Friday, May 5, 2017, it set a new
record for
trading volume across all digital assets in a 24 hr period at $ 178,521,474.
Popular peer - to - peer
trading site Localbitcoins saw the impact of the ban in numbers
as traders piled in, generating
record volumes, which in September hit
as high
as 115 mln yuan ($ 17.8 mln) per week.
As the price of Bitcoin and other cryptocurrencies peaked last year, there was an increase in
trading volumes recorded in peer - to - peer marketplaces.
The opposite is true,
as a new all - time high
trading volume record was set last week.
The exchange's website displays its 24 - hour bitcoin
trading volume as 44,040 BTC at the time of writing, which would put it ahead of the country's largest exchange, Bithumb, which
recorded approximately 20,250 BTC in the same time period.