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.
Read More: https://news.yahoo.com/crypto-trading-volume-hits-100-170040982.html
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.