Sunday, September 24, 2017

Crypto News: Cryptocurrency Trading Volume To Surpass Apple Soon: CNBC

Cryptocurrency Trading Volume To Surpass Apple Soon: CNBC

According to one analyst interviewed on CNBC, the trading volume of Bitcoin, Ethereum and other cryptocurrencies could surpass that of Apple in the near future. The analyst, Jens Nordvig, founder and CEO of Exante Data, said that the cryptocurrency market is exploding, and global trading will soon surpass that of the tech giant.

The surge in Bitcoin and Ethereum prices has led to a massive influx of traders and investors, seeking to participate in the financial boom. In fact, the growth has increased more than eight times this year alone. Nordvig said:

"Cryptocurrency trading volume is now more than of $3 bln/day on average, and will likely soon surpass that of the world's most liquid stock: Apple ($4 bln/day).”


Full story at http://bit.ly/2ymtRZ3


Source: CoinTelegraph


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