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Thursday, August 10, 2017

Why Japan Only Briefly Became Largest Bitcoin Exchange Market

Why Japan Only Briefly Became Largest Bitcoin Exchange Market

Earlier this week, Cointelegraph reported that the Japanese Bitcoin exchange market surpassed the US to become the world’s largest exchange market by daily trading volume.


However, Japan was only able to briefly hold its trading volume for a few days as China and the US reclaimed their positions in the global Bitcoin exchange market rankings as the two largest exchange markets internationally.


In major online Bitcoin communities and forums, Bitcoin users, enthusiasts, analysts and traders expressed their concerns over utilizing Japan’s trading volume to measure the growth of its Bitcoin market and industry.


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


Source: CoinTelegraph


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