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The Battle For Bitcoin's Shifting Exchange Volumes is Escalating

Bitcoin traders have new uncertainty to deal with as exchanges that once dominated trading volume fall by the wayside and new exchanges rise up.

Bitcoin volume has been migrating to no-fee exchanges, data shows, but analysts suggest it will be a short-term trend.

Bitcoin trading volume continued to decline on 26th January, following the trend that began when major Chinese exchanges began charging trading fees.

Even after seeing their trading volume drop sharply as of late, major Chinese exchanges are still coming out on top in terms of transaction activity.

Bitcoin prices fell below $900 during late-night trading, continuing that trend as the day continues.

Bitcoin trading volumes continued to suffer a free fall on 24th January, as markets reacted to fee policy changes at major Chinese exchanges.

News of a planned investment trust based on ether classic has seen prices climb, but the token still has much to prove, analysts say.

Bitcoin prices stayed largely within specific ranges this week, as traders tended to sit on the sidelines.

Bitcoin prices once again surpassed $900, exceeding this level in spite of the recent announcement that Huobi and OKCoin had stopped margin trading.

Huobi and OKCoin, two of the world's largest bitcoin exchange businesses by volume, have formally announced they have halted margin trading services.

By Pete RizzoJan 19, 2017