"Bitcoin (BTC) Records Daily Trading Volume of $130 Billion... Doubles Since US Election"
JH Kim
Summary
- CoinDesk reported that Bitcoin (BTC) recorded a total daily trading volume of $130 billion.
- It was reported that Bitcoin's trading volume doubled after the US presidential election.
- The BTC futures market trading volume was $110 billion, marking the fifth-highest level in history.
On the 23rd (local time), cryptocurrency media CoinDesk reported, citing Checkonchain data, that on the 22nd (local time), Bitcoin (BTC) recorded a total daily trading volume (including ETF, spot, and futures trading) of $130 billion.
Bitcoin's trading volume surged after Donald Trump won the US presidential election last November, doubling from a daily average of $65 billion.
The BTC futures market trading volume reached $110 billion, marking the fifth-highest level in history.
Furthermore, the spot market trading volume was approximately $15 billion, approaching an all-time high.
Meanwhile, the Bitcoin spot ETF saw a daily trading volume of about $5 billion.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
