Cryptocurrency

03/04/19 11:29 UTC-4

The volume of cryptocurrency has reached a new record high

cryptocurrencies reach a new record high
cryptocurrencies reach a new record high

After a recent jump in cryptocurrency prices, the volume seems to have increased sharply. So much so that new historical highs of trades were reached.

Total tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
volume reached 87 billion dollars. This is slightly less than half the total market capitalization of the cryptocurrency market, which currently stands at $ 172 billion.

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Large-scale growth in trading volume is associated with a change in the market, which currently tends to increase. The crypto personality Ran Neuner pointed to the volume of trading on Twitter, saying: “If you don’t believe in this sudden growth, check the volume !!!” 

The trading volume of 10 exchanges in the last 24 hours was less than $ 5 billion. Currently, BitMex, BitMax, OKEx, FCoin and DigiFinex have a daily volume larger than Binance. A little behind Binance, but with a daily trading volume of more than $ 2 billion, these are ZBG, BitForex, Bit-Z and Coineal.

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But some of these exchanges are not even known to experienced cryptocurrency traders.

 

Trading volume of the top 10 stock-exchanges:

1. BitMex: 36 200; 2. BitMax: 11 200; 3. OKEx: 173 000; 4. FCoin: 4,569; 5. Digifinex: 6,175; 6. Binance: 939 000; 7. ЗБГ: 1 474; 8. BitForex: 20 900; 9. Bit-Z: 465; 10. Coineal: 2,505

Crypto-trades reach record levels. If the total trade volume has almost doubled since the beginning of the last recession, then undoubtedly, the BTC could once again reach the $ 20,000 mark without any problems.

Today, BTC is rapidly continuing to gain momentum, as well as Litecoin. 

Editor: Yulia Krasnaya

See also: "Elon Musk: Dogecoin can be my favorite cryptocurrency"

#cryptocurrency #trading #stock-exchange

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