Cryptocurrency trading sizes reached a record top over the weekend that defeat some US stock exchanges – Business Insider – Bitcoints

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Published on November 14th, 2017 | by bitcoin

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Cryptocurrency trading sizes reached a record top over the weekend that defeat some US stock exchanges – Business Insider

Cryptocurrency trading sizes reached a record top over the weekend that defeat some US stock exchanges – Business InsiderTrading 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
highest ever.
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.

Source: News.google.com

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