27 Jan '16, 5pm

Btcc reports high #bitcoin transaction volumes as #china’s economic growth hits 25-year...

Btcc reports high #bitcoin transaction volumes as #china’s economic growth hits 25-year...

BTCC, one of the world’s largest bitcoin exchanges by market share, has recently reported unusually high transaction volume following the recent slump in values of global stock and commodities. “The trading volumes we saw over the past few days are not the highest we have seen since 2011, but we expect greater trading volumes in the future as bitcoin increases in popularity among all assets,” BTCC CEO Bobby Lee told Bitcoin Magazine. According to the trading data provided by BTCC , its exchange has processed more than 46,880 bitcoin over the past seven days, settling more than $1.83 million, at around $391 per bitcoin. However, Lee told Bitcoin Magazine that the demand of bitcoin among Chinese investors gradually increased due to the underwhelming performance of all asset classes and commodities globally. Because of the economic slump in the United States, the Southeast As...

Full article: https://bitcoinmagazine.com/articles/btcc-reports-high-bi...

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China’s challenges in 2016 https://t.co/1AbqAeKSo1

China’s challenges in 2016 https://t.co/1AbqAeKSo1

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via @CoinDesk

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bitcoin

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