The rout across all crypto markets has seen some respite in the past hours as key cryptos have rallied. Fears on scaling, the ethereum network issues and the strength of the bull run of late have seen traders switch crypto for fiat. Bitcoin saw lows of $2350 with ethereum $218 at its nadir. Bitcoin has seen volumes of 163k bitcoin on the USD pair or just shy of $400m - the USD & JPY pairs both dominate with 38% and 31% respectively.
Ethereum has seen 145k BTC on its BTC ETH pair and the brunt of volume trading - or c.$350 million USD. BTC, USD and KRW pairs make up over 80% of volume with percentages at 27%, 33% and 19%.
