Bitcoin trading volumes and exchange fees are falling amid Beijing’s ongoing crackdown in the name of financial stability

Bitcoin trading volumes and exchange fees are falling amid Beijing’s ongoing crackdown in the name of financial stability




Bitcoin trading volume continues to decline in response to pressure from crackdown on cryptocurrencies in China, the location of most of the world’s bitcoin mining capacity, amid a declining market for the most widespread cryptocurrency first eight days in June, a sharp one Down from a record $ 67 billion last month and the lowest month since last December, according to CoinDesk Research. The average bitcoin transaction fee – the….

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Bitcoin trading volume continues to decline in response to pressure from crackdown on cryptocurrencies in China, the location of most of the world’s bitcoin mining capacity, amid a declining market for the most widespread cryptocurrency first eight days in June, a sharp one Down from a record $ 67 billion last month and the lowest month since last December, according to CoinDesk Research. The average bitcoin transaction fee – the….

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