World News: 18:00 GMT Wednesday 15th May 2019. [Yahoo Business News Feed via SPi World News]
Daily 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.
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