New York Stock Exchange logo courtesy of Wikipedia. On bitcoin trade volume nyse separate occasions this past week, the New York Stock Exchange NYSE 24 hour market volume was usurped by the total global cryptocurrency market volume. Although this is similar to comparing apples to orangesbut it goes to show how much mainstream attention digital currencies are capturing.
Another thing bitcoin trade volume nyse note is the NYSE is only open from 9: EST, versus the crypto market which is open 24 hours a day.
That just goes to show the bitcoin trade volume nyse left to grow for daily volume in cryptocurrency. Altcoin market cap courtesy of Coin Market Cap. This is a good sign, as Bitcoin loses it's dominance, and the altcoins slowly balance out the market composition.
Bitcoin's lowest percentage of dominance was on June 20th, at about The cryptocurrency exchange market is more comparable to the Forex market, which means the volume has plenty of room to bitcoin trade volume nyse thus a larger market cap. Clearly the cryptocurrency market is seeing a lot of speculation currently, as we see waves of new users, traders, and speculators. We are just seeing cryptocurrency get into the mainstream. It is now easier for information to travel because we have the internet, thus new technology is adopted faster than previous generation.
More and more mainstream news channels in the U. Giving the spotlight to the everyday person who might otherwise not see it. Technology adoption percentage versus time courtesy of Business Insider. Think about how much has changed since We weren't taking selfies on Snapchat or sharing our current location with a friend over our iPhones. The reality we face is that the world is much different than it was ten years ago and I can guarantee one thing: Cryptocurrency is most definitely a bubble in a sense that bitcoin trade volume nyse see projects that are inflated around the current investor enthusiasm, but it is here to stay.
Invest what you can afford to lose if you decide to invest; taking a loan bitcoin trade volume nyse is never a wise idea, especially when you don't understand the asset you are investing in. This is not investment advice, always do your own research. It is very important to do your own analysis before making any investment based on your own personal circumstances.
Bitcoin dominance April to present courtesy of Coin Market Cap Note overall Bitcoin dominance is on a downtrend Bitcoin's lowest percentage of dominance was on June 20th, at about What does this mean for the future of Crypto?
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This press release is for informational purposes only. In the coming days, it will become clear what the inflow of USDT into the Cardano market would do to the price. Current prices: The stars are re-aligning in the global crypto exchange space.