"JPY, USD, and KRW Accounts for Over 90%" [Bitcoin Traded on Exchanges]
The JPY, USD, and KRW Accounts for Over 90% of Bitcoin Traded on Exchanges
This includes a significant part of these global bitcoin of trades in the South Korean markets. This bitcoin is currently traded in the Japanese market with 60% of America and this Chinese cryptocurrency crackdown has done a lot to change this global structure of bitcoin markets. This CII According to Crytocompare data, in Bitcoin trading, there is almost 1% of all the bitcoin trades coming to the exchanges.
Japan Now Exerts Dominance Within the Bitcoin Markets
USD Comprises the Second Largest Bitcoin Market, Accounting for 25% of All Trading
South Korea Has Emerged as a Significant Player in the Bitcoin Markets
The Diminishing Presence of Chinese Bitcoin Exchanges
Images courtesy of Shutterstock, Cryptocompare
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