Cryptocurrency Market Trading As Much As NYSE

  • 6 years ago

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 6, 2017. REUTERS/Brendan McDermid Global volume in cryptocurrency markets passes $50 billion, close to the average turnover on New York Stock Exchange. LONDON — Global cryptocurrency markets are now averaging the same daily trading volumes as the New York Stock Exchange. 24-hour trade volume in the cryptocurrency market passed the $50 billion mark on Wednesday, according to data provider CoinMarketCap.com. Investors have flocked to cryptocurrencies in 2017 due to the eye-catching returns of bitcoin, which has grown by around 1,500% against the dollar.

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