- The average daily trading volume on the ASX is just 12% of the average daily trading volume of Bitcoin.
- The world’s largest cryptocurrency, Bitcoin, has a market cap over US$1 trillion.
- Tether has the largest average daily trading volume of US$80.53 billion.
There’s no secret about the increasing popularity of cryptocurrencies, from both corporations and retail investors around the world, but just HOW popular is this new wave of digital currency?
In one day, the average trading volume of the world’s largest cryptocurrency, Bitcoin, is about US$36.04 billion. In contrast, the average daily trading volume for the whole of the Australian Securities Exchange (ASX) was A$6.2 billion (US$4.51 billion) in October — or just 12% of the average Bitcoin daily trading volume.
You can read the full story at Grafa
Join the Grafa App for daily news
Track the trends, get news first and prepare yourself to make the right moves with your money. Learn more and sign up to the Grafa app today!
