"JPY, USD, and KRW Accounts for Over 90%" [Bitcoin Traded on Exchanges]

in #cryptocurrency6 years ago

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

Please read rest of the post from source: - https://news.bitcoin.com/jpy-usd-krw-accounts-90-bitcoin-traded-exchanges/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

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