Xapo Bank "Bitcoin (BTC) Trading Volume Increases by 14% in Q1"

Source
JH Kim

Summary

  • Xapo Bank reported that Bitcoin trading volume increased by 14.2% in the last quarter.
  • Although the Bitcoin price fell by 11.7%, high-net-worth clients actively purchased it, seeing it as a strategic buying opportunity.
  • BTC is trading at $84,911.48, up 0.45% based on the Binance Tether market.

Gibraltar-based Xapo Bank reported that Bitcoin (BTC) trading volume increased by 14.2% in the last quarter.

According to Crypto Basic, a media outlet specializing in virtual assets (cryptocurrency), on the 15th (local time), Xapo Bank stated, "During this period, the BTC price fell by 11.7%, but Xapo's high-net-worth clients actively purchased BTC," explaining that "many clients saw the BTC decline as a strategic buying opportunity."

Meanwhile, BTC is trading at $84,911.48, up 0.45% from the previous day, based on the Binance Tether (USDT) market as of 01:43 on the 16th.

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?