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HomeNewsLocalBitcoins Records 2-Year Record Low For Bitcoin Trading Volume in China

LocalBitcoins Records 2-Year Record Low For Bitcoin Trading Volume in China

Coin Dance, a website that monitors the Bitcoin network and offers statistics, has revealed information showing that since the last quarter of 2019, Bitcoin trading volumes have consistently reduced. Current levels have now hit a two-year record low.

ththIt’s important to note that this is a very poor figure especially when trading history in China is considered. LocalBitcoins’ current weekly all-time high was in January 2018 at 186.6 million yuan, which is about $24.3 million.

in China, making the current development particularly disappointing.

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