On May 25, the cryptocurrency trading book striking $4.3 bln. Bitcoin, Ethereum, Ripple, Ethereum Classic, Litecoin in addition to NEM drove the cryptocurrency trading book to new all-time highs.
Bitcoin developer in addition to entrepreneur Jimmy Song compared the cryptocurrency trading book to the telephone commutation book of major stock exchanges such equally NASDAQ. Although the cryptocurrency market’s trading book is exclusively a fraction of major stock exchanges such equally NASDAQ, it is nearing the telephone commutation book of smaller stock exchanges such equally Thailand in addition to Australian stock exchanges.
In club for the cryptocurrency market to nearly the trading volumes of major stock exchanges, peculiarly the sixteen stock exchanges inwards the $1 Trillion Dollar Club, the cryptocurrency marketplace volition require to arrive at a multi-trillion dollar marketplace cap. Currently, the marketplace cap of the cryptocurrency marketplace is $71 bln.
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