According to an
“We estimate that the global daily bitcoin volume for the industry as of June 14 was $128 billion. That’s 51 percent less than the $262 billion one would get by taking the sum of self-reported volume from multiple sources,” it said. the report.
Bitcoin represents 40 percent of the $1 trillion global crypto market.
According to the report, there is no real method to calculate the daily bitcoin volume, “not even among the most reputable research firms in the industry”.
For example, CoinMarketCap puts the latest 24-hour bitcoin trading at $32 billion,
In terms of how much Bitcoin activity is happening, 21 crypto exchanges generate $1 billion or more in daily trading activity, while the next 33 exchanges had volume between $200 million and $999 million.
After showing some stabilization in recent weeks, the world’s largest cryptocurrency Bitcoin has plunged below $20,000 again
Bitcoin prices had stabilized around the $23,000 to $24,000 level after diving below $20,000 in June.
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