On May 25, the cryptocurrency trading book hitting $4.3 bln. Bitcoin, Ethereum, Ripple, Ethereum Classic, Litecoin as well as NEM drove the cryptocurrency trading book to new all-time highs.
Bitcoin developer as well as entrepreneur Jimmy Song compared the cryptocurrency trading book to the telephone substitution book of major stock exchanges such equally NASDAQ. Although the cryptocurrency market’s trading book is solely a fraction of major stock exchanges such equally NASDAQ, it is nearing the telephone substitution book of smaller stock exchanges such equally Thailand as well as Australian stock exchanges.
In guild for the cryptocurrency market to nigh the trading volumes of major stock exchanges, peculiarly the sixteen stock exchanges inward the $1 Trillion Dollar Club, the cryptocurrency marketplace volition postulate to hit a multi-trillion dollar marketplace cap. Currently, the marketplace cap of the cryptocurrency marketplace is $71 bln.
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