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Volume of bitcoin trading in Russia sets new record

According to the statistical service CoinDance, last week trading volume in Russia set a new record, reaching 306 million rubles.

However, bitcoin trading volume decreased to 5499 Bitcoins.

Some experts link this to the publication of the letter of the Federal Tax Service, explaining the agency's official position towards cryptocurrencies. Another factor is the growth of bitcoin rate to $ 772.

 

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At the same time a sharp increase is observed in the US market, where trading volume rose from $ 7.3 million to $ 8.7 million.

coin-dance-localbitcoins-usd-volume

Similar rates also the Chinese market demonstrates, where trading volume rose sharply from 2 million yuan to 3.4 million yuan. This may be due to the restriction of the Chinese government on the export of gold and gain control of the companies investing in overseas projects and assets.

coin-dance-localbitcoins-cny-volume

A small increase is observed also in the Ukrainian market. Thus, trading volume here increased from 1.19 million to 1.88 million hryvnia. However, due to the monetary policy of the National Bank of Ukraine, which again came out with interventions on the interbank foreign exchange market, the growth is more impressive in the cryptocurrency equivalent: 95 bitcoins against 61 bitcoin during the previous week.

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In general, the volume of trading shows growth again after a slight drop recorded in the period from 17th to 21st of November.

coin-dance-localbitcoins-all-volume

 

Source: forklog

  • December 6, 2016 12:03 PM MSK
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