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Bitcoin Trading Volume Could One Day Surpass That Of All U.S. Bonds
Summary: A recent Coin Metrics report predicts that Bitcoin trading volume will match large asset classes, as reported by Dailyhodl. The report compares BTC's trading volume to US bonds, equities and global FX markets. The daily volume for the U.S. equity stock market stands at $446 billion and the U.S. bond spot market's daily volume is ...
A recent Coin Metrics report predicts that Bitcoin trading volume will match large asset classes, as reported by Dailyhodl.
The report compares BTC's trading volume to US bonds, equities and global FX markets.
The daily volume for the U.S. equity stock market stands at $446 billion and the U.S. bond spot market's daily volume is $893 billion. Bitcoin's daily spot market volume is currently $4.1 billion.
The report notes that Bitcoin has far to go, but that if historical growth rates hold up Bitcoin would need less than five years to surpass daily volume of all U.S. bonds.
By Emily Mason
Tags: Bitcoin,BTC,Coin Metrics
Link: Bitcoin Trading Volume Could One Day Surpass That Of All U.S. Bonds [Copy]
