“Real” Volume on Coinbase Surpasses $1.5 Billion; Bitcoin Demand Rising?2.8

On the day it confirmed an outage, Coinbase also registered its best daily performance since February 2018 in terms of the trading volume.

The San Francisco-based cryptocurrency exchange hosted $1.5 billion worth of trading activities on June 26, according to market data firm Nomics Crypto. The level, as shown in the chart below, was first broken to the upside in October 2017, coinciding with the beginning of an uptrend in the cryptocurrency market that would later mature into a $700 billion bull run.

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