In 2021, the transaction volume of bitcoin in Q2 decreased by 14% month on month From Coinbase
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According to data compiled by coinbase, the trading volume of dog coins on the world’s major cryptocurrency exchanges surged 1250% in the second quarter of this year. The average daily turnover of doggie in the second quarter was close to $1 billion, soaring to $995 million from $74 million in the first quarter. With the surge of interest in dog money, trading platforms such as coinbase, eToro and Gemini have joined the token.
According to the second quarter market indicators of coinbase, the average daily trading volume of Ethereum increased 53% month on month to US $3.25 billion. Meanwhile, bitcoin’s daily trading volume fell 14% to $4.01 billion.
At the beginning of this year, the dog coin was about $0.004, but by may it had risen by more than 15000%, once more than 70 cents. As of last Friday, the price of dog coin had fallen back to about 18 cents. The price of bitcoin fell from a record high of $65000 in April to about $32000 on Friday.
According to data from coinbase, the total daily trading volume of global cryptocurrency increased by 32% in the second quarter to US $18.82 billion.
More reading: Google Trends: data show that the search volume of “buy bitcoin with credit card” has reached an all-time high. Gambling website satoshidice: in June 2013, it accounted for 51% of the total bitcoin trading volume. JPMorgan: bitcoin’s long-term price may rise to US $146000. Bank of America Securities: bitcoin becomes the best investment in the past decade. Credit Suisse: data show that 4% of address masters 97% of bitcoin buy gold, Or bitcoin? Bank of Canada: 58% of Canadians hold bitcoin for investment purposes Cambridge University: electricity consumption for bitcoin mining in 2019 exceeds that of Switzerland Survey monkey: survey shows that 71% of bitcoin owners are male. In January 2018, the market value of bitcoin evaporated by US $44 billion. Morgan Stanley: it is estimated that the total power consumption of global digital currency mining in 2018 will exceed Argentina’s national power consumption by nearly 75%. Europe’s top economists believe that bitcoin is not a systemic financial risk
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