One cryptocurrency consultant interviewed for the story claimed that
weekly bitcoin trading volumes in Nigeria had increased by a factor of ten between January 2017 and January 2018.
Not exact matches
In Venezuela, a place with both problems,
bitcoin's
weekly trading volume spiked to an all - time high in early April, when violent clashes between protesters and police started.
These
weekly figures fell short of many weeks so far earlier this year, when
bitcoin's
trading volume was roughly 30m.
In the beginning of November, the
weekly trading volume of
bitcoin was $ 165,000.
According to the information provided by the exchange, the
weekly trade volume for the period between 30/12/2014 and 06/01/2015 was around 924
bitcoins.
The country is one of the world's largest
bitcoin markets with the
weekly trade volume of 320 million rubles or $ 5.19 million, as of the end of December.
But, even then,
trading volumes OTC markets in China only account for tens of millions of dollars worth of
Bitcoin trades on a
weekly basis, which is a small fraction of global
Bitcoin trading volume in contrast to leading exchanges such as Bithumb which process hundreds of millions of dollars in
trades on a daily basis.
The official rhetoric gradually softened after the Bank of Russia launched its own blockchain project, whereas the
weekly volume of local
bitcoin trade exceeded 250 mln rubles (about $ 4 mln) in September.
The
weekly bitcoin - ruble
trading volume on the LocalBitcoins exchange has exceeded 215.5 mln rubles ($ 3.3 mln).