Crypto trading volume hits $100 billion on CoinMarketCap.com

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Crypto trading volume hits $100 billion on CoinMarketCap.comDaily trading volume across all cryptocurrencies on CoinMarketCap.com has eclipsed the psychological $100 billion level over the last couple of days. Going back to the last major cryptocurrency bull run in early 2018, daily trading volume was hovering around the $50-$60 billion range, while the total market capitalisation was over $800 billion for all crypto assets. Today’s new trading volume high is based on a fraction of that total market cap however, as the market value currently stands at $243 billion. If you look at the market cap to volume ratio comparison between now and the last major bull run, the market looks to be in a much healthier place given that it takes approximately two-and-a-half days to turn over The post Crypto trading volume hits $100 billion on CoinMarketCap.com appeared first on Coin Rivet.


Read More: https://news.yahoo.com/crypto-trading-volume-hits-100-170040982.html

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