Image Source
The adoption of Bitcoin and cryptocurrencies may well seem to be advancing at a senator's pace. And it is not much to say: according to the media The Block, even on the places of crypto-exchanges where is supposed to reign the euphoria of speculation, the month of June was very sad.
Bitcoin in the hollow of the wave
And that's usually the crypto-media The Block which carries the new half fig half grape of the day: the volume of bitcoins and to ethers traded on platforms changes are visibly carried by a bearish wave not very sympathetic.
For the month of June, the fall is even quite dantesque, since the volume of bitcoins traded collapses from 557 to 333 billion dollars of bitcoins having changed hands. When 40% of the volume vanishes, it is obvious!
Ethereum also makes a face
But it is not only the king of cryptocurrencies who is having a bad quarter of an hour: this is also the case with its dolphin Ethereum. According to analyzes by The Block, for ETH too, the month was hectic - albeit less: -16% since last month, but a much more marked plunge since the highs of February.
As much to say it: the markets are agitated, and many are those who pull their hair to try to guess the next big trend that could follow the price of ETH!
What will be the implications of this observable drop in volumes on crypto exchange platforms? And how to interpret them, given the ever increasing number of bitcoins that are disappearing from exchanges?
Do not forget to subscribe to CryptoPlanet360 on Youtube to get the latest videos about Crypto projects and Blockchain
Subscribe here: https://bit.ly/2NSkrOU
You are Welcomed to Follow my new Space about Crypto and Blockchain. It is a well organized and rich space:
Follow this link: https://www.quora.com/q/cryptoplanet360
