RE: Bitcoin’s Trading Volume Has Increased 50 Times Since 2016 Halving
The power of Bitcoin…Bitcoin was trading @ $500 last halving….today we are right under $9K…
Spot Market Trading Volume up 50x Since 2016
“The infrastructure of the entire cryptocurrency world has changed drastically since Bitcoin’s last halving. However, the numbers deserve being put in perspective.
As Cryptowatch (@cryptowat_ch) pointed out on Twitter, the peak spot trading volume in 2016 was in June, when $1.5 billion in monthly volume was recorded. For comparison, April saw close to $30 billion. On average, 2020 spot trading volume is up 50x since 2016.”