Increasing bitcoin trading volume impacts its price

Bitcoin Trading

The Asian market plays a crucial in the recent Bitcoin price surge, say a couple of experts. Mati Greenspan of eToro explained in his Twitter account, “The surge above $8,000 was definitely led by East Asia. Take a look at bitcoin volumes in Japanese Yen and Korean Won at the time of the surge (13:30 – 15:00 on the chart).”

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