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Bitcoin sees highest trading volume in 118 days’ Yesterday’s volume of $54,406,443,211 was the highest in one hundred and eighteen days, 138 percent above last
by jonnydubowsky 6y ago
Bitcoin sees highest trading volume in 118 days’
Yesterday’s volume of $54,406,443,211 was the highest in one hundred and eighteen days, 138 percent above last year’s average, and 26 percent below last year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 871 tons of gold.
https://thenextweb.com/hardfork/2020/09/11/satoshi-nakaboto-bitcoin-sees-highest-trading-volume-in-118-days/ https://thenextweb.com/hardfork/2020/09/11/satoshi-nakaboto-...
- mulmen 6y agoI don't doubt your claim but how does this compare to 2016? E: I quacked for myself. This seems to show trade volumes in terms of BTC and trades/min have indeed plummeted since late 2016. https://data.bitcoinity.org/markets/volume/5y?c=e&t=b https://data.bitcoinity.org/markets/volume/5y?c=e&t=b https://data.bitcoinity.org/markets/tradespm/5y?c=e&t=a https://data.bitcoinity.org/markets/tradespm/5y?c=e&t=a You can draw your own conclusions as to what that means but the specific claim that trading volume has decreased does seem to be true.
- noch 6y ago> You can draw your own conclusions as to what that means but the specific claim that trading volume has decreased does seem to be true. A cursory glance: - bitcoinity doesn't include Binance in its list of exchanges which is a strange omission. https://coinmarketcap.com/rankings/exchanges/ https://coinmarketcap.com/rankings/exchanges/ These might be a bit more accurate: - Exchange traded volume: https://www.blockchain.com/charts/trade-volume https://www.blockchain.com/charts/trade-volume - Transactions per day : https://www.blockchain.com/charts/n-transactions https://www.blockchain.com/charts/n-transactions 7 day averages are down from 2018, but up compared to 2016.