Published on November 14th, 2017 | by bitcoin0
Cryptocurrency trading sizes reached a record top over the weekend that defeat some US stock exchanges – 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.
The 24-hour trading volumes for cryptocurrencies reached a record
high above $26 billion on Sunday, according to data site CoinMarketCap.com, the
To put that in perspective, that is higher than the 5-day average
trading volumes for two US stock exchanges.
The figure was
based on the assumption that cryptocurrency volumes end up at
about 10% of current fiat currency trading volumes.