Published on November 14th, 2017 | by bitcoin0
Bitcoin price fluctuation converts into big volumes – Business Insider – Business Insider
Trading volumes on Sunday peaked at over $26 billion,
according to cryptocurrency data site CoinMarketCap.com.
Bitcoin, the red-hot digital currency, had a wild weekend and
that appears to have translated into record-breaking trading
volumes across the cryptocurrency market.
Bitcoin cash, the rival clone of bitcoin,
witnessed an impressive rally that propelled the coin to a
record-high of $2,500 early Sunday morning.
IEX saw $7.8 billion worth of shares exchange on its venue,
whereas CHX witness $3.1 billion in trading volumes.
The figure was
based on the assumption that cryptocurrency volumes end up at
about 10% of current fiat currency trading volumes.