Cryptocurrency trading volumes spiked 17% in February : vima

Cryptocurrency trading volumes spiked 17% in February


The Globe and Mail
LONDON
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Cryptocurrency trading volumes soared by 17 per cent last month in the wake of Tesla’s $1.5 billion bitcoin bet, with larger exchanges taking a growing share of the overall volumes, data showed on Friday.
Trading volumes jumped to $2.7 trillion in February, with volumes at major exchanges jumping over 35 per cent to $2.4 trillion, researcher CryptoCompare said. Smaller exchanges saw volumes slump by 36 per cent to $381 billion, suggesting growing consolidation of trading at larger venues.

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