Japan Becomes Largest Bitcoin Market as Traders Leave China
Japan has once again become the largest Bitcoin exchange market with 50.75 percent market share of the global Bitcoin exchange market. Analysts including BitFury Vice Chairman George Kikvadze attributed the surge in the trading volume of the Japanese Bitcoin exchange market to the exit of Bitcoin traders in China.
Source:
https://cointelegraph.com/news/japan-becomes-largest-bitcoin-market-as-traders-leave-china
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Japan Now Largest Bitcoin Market!
Subject Article: https://cointelegraph.com/news/japan-becomes-largest-bitcoin-market-as-traders-leave-china
Japan has once again become the largest Bitcoin exchange market with 50.75 percent market share of the global Bitcoin exchange market.
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Bitcoin's Share Of Crypto Market Hits All-Time Low
Crypto's total market cap hit an all-time high above 660 billion dollarson Tuesday as so-called alternative coins, or "alt-coins," charged upwards. However, the largest crypto, bitcoin, lagged behind small rival coins. Bitcoin's share of the total cryptocurrency market cap hit an all-time low on Tuesday below 36%. With a market share of nearly 90%, bitcoin's dominance over the cryptocurrency space appeared unshakable at the start of 2017. As new coins came onto the market, bitcoin's position...
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Japan Volumes Drive Bitcoin Price Rally to $4,400USD | 2 October 2017 | Bitcoin Price
According to bitcoin market data providers including CryptoCompare, the majority of trading volumes from the Chinese cryptocurrency exchange market have moved to Japan, which has been able to secure its position as the largest bitcoin exchange market with over 54 percent in market share. At the time of reporting, the Japanese bitcoin exchange market is processing more than twice as much trades as the US market.
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