Bitcoin and Ethereum weekly trading volume reached 7-month highs

Bitcoin’s weekly trading volume reached $46 Billion while Ethereum reached $18.5 Billion in the week of December 17 to December 23. The last time weekly trading volume was higher was in early May. Total Bitcoin volume for 2018 surpassed $2 Trillion in late November and is expected to reach $2.2 Trillion by the year-end. It grew by 153% compared to 2017 when the total Bitcoin volume was approximately $870 billion.

Ethereum was the second most traded cryptocurrency with about 37% of Bitcoin’s volume; more than $800 million in 2018. As can be seen from the graph, the volumes of both Bitcoin and Ethereum are still very correlated.

Original source

Add comment

Please Sign in to be able to leave comments.