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RSS FeedsStrategist Says Digital Currency Trading Volume Will `Soon Surpass` Apple
(WorldNews China)

 
 

22 september 2017 23:47:42

 
Strategist Says Digital Currency Trading Volume Will `Soon Surpass` Apple
(WorldNews China)
 


Digital currency trading is currently booming and one strategist is warning that daily volume could even surpass that of Apple, according to CNBC. `Cryptocurrency trading volume is now more than of $3bn/day on average, and will likely soon surpass that of the world`s most liquid stock: Apple ($4bn/day),`Jens Nordvig, founder, and CEO of Exante Data, said in a note Friday.Nordvig said the global daily trading volume between the two largest digital currencies, bitcoin, and ethereum, into traditional currencies has multiplied eight times in the last year. Bitcoin has been soaring until recent interference from regulation in China cracking down on the digital currencies. Bitcoin traded slightly...


 
11 viewsCategory: General > Asia > China
 
Photo: Caligrafista, by Jorge Barahona
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