UK Bitcoin Trading Volume Hits $65 Million Average
Story by: DAVIT BABAYAN
The last three months in the United Kingdom’s bitcoin market has been no less than amazing, indicated Skew.
The London-based data analytics portal revealed that the region developed a strong bitcoin trading traffic in the last 120 days. It shared a graph across its social media channels, reflecting upon the growing presence of traders in the UK’s crypto climate.
Per the chart, traders on BitMex were contributing approximately $65 million worth of XBT/USD trading volume every day over the past three months. The trading rate was higher between 1000 GMT to 1600 GMT, reaching up to $100 million ahead of the mainstream market’s closing hours.
skew@skew_marketsApparently you can’t build a crypto trading business in the UK because all the traders are in the US and Asia.
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