Express

Bitcoin Trading Volume Could One Day Surpass That Of All U.S. Bonds

Emily Mason

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

Last Update:

Tags: ,,
Link: Bitcoin Trading Volume Could One Day Surpass That Of All U.S. Bonds   [Copy]
Next:

Related Articles

  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 14 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago

    • You need to login to comment.