{"id":373023,"date":"2019-02-28T14:03:53","date_gmt":"2019-02-28T14:03:53","guid":{"rendered":"https:\/\/wncen.com\/?p=373023"},"modified":"2024-06-11T07:45:04","modified_gmt":"2024-06-11T07:45:04","slug":"uk-bitcoin-trading-volume-hits-65-million-average-is-london-going-big","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/uk-bitcoin-trading-volume-hits-65-million-average-is-london-going-big\/","title":{"rendered":"UK Bitcoin Trading Volume Hits $65 Million Average – Is London Going Big?"},"content":{"rendered":"
The last three months in the United Kingdom’s bitcoin market has been no less than amazing, indicated Skew.<\/p>\n
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.<\/p>\n
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 $100 million ahead of the mainstream market’s closing hours.<\/p>\n
\nApparently you can't build a crypto trading business in the UK because all the traders are in the US and Asia. <\/p>\n
\ud83d\udc47 average volume – in mln$ – on Bitmex xbtusd per hour of the day – UK time (last 120d)<\/p>\n
Hard to disrupt the geographical location of London! pic.twitter.com\/ipyhUzcINC<\/a><\/p>\n
— skew (@skewdotcom) February 28, 2019<\/a><\/p><\/blockquote>\n