The optimism and enthusiasm displayed by both Cboe and CME executives led the cryptocurrency market to highly anticipate a short -
term surge in the volumes and prices of cryptocurrencies.
Not exact matches
Whenever
volume suddenly
surges so massively as a stock / ETF breaks out above a tight range, it is the undeniable footprint of institutional buying activity, which acts as a gas pedal to propel the stock / ETF higher
in the near to intermediate -
term.
Indeed, since earlier last year, crypto trading
volume in the country has
surged to a point where exchanges from South Korea have topped their global peers
in terms of 24 - hour trading
volume.
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.
Transaction
volume surged in 2005 as rising interest rates convinced many firms that it was an ideal time to lock
in long -
term financing.