By 26 June 2017, 941 kinds of digital currencies were recorded on Coinmarketcap and the total market capitalization exceeded $100 billion, which is 50 times larger than 5 years ago. Since 2017, growth rates of market capitalization and volume traded
for the top 20 cryptocurrencies has been 383% and 985% respectively.
The secondary market has witnessed the growth in value of digital currencies. There are around 98 digital currency exchanges and tens of millions of active investors worldwide.
According to Coinmarketcap, 24h trading volume was over $4 billion on 26 June 2017.
Currently, East Asia, North America and Europe
are the biggest markets of crypto currencies. The percentage of trading volume for the three markets is about 63%, 25% and 11% respectively. The price of coins di ers among these markets. In East Asia, Bitcoin and Ethereum are often sold at a premium of 3-5%. Early in July, Ethereum in South Korea was nearly 10% more expensive than the global average. By contrast, the price of Bitcoin and Ethereum in Europe and North America are lower than the global average.
SOURCES: http://www.exchangeunion.net/white-paper.pdf
http://www.exchangeunion.net
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