CNY surpasses USD in Bitcoin trading volume

Tuesday 9 September 2014 14:12 CET | News

Over 70% of Bitcoin transactions performed from early August to early September 2014 were made in CNY-denominated trades, according to intelligence issued by the Chinese BTC exchange.

Moreover, CNY-based transactions represented a volume of 3.29 million Bitcoins, while the USD had 1.07 million Bitcoins.

However, the USD is representing 47.38% of Bitcoin transactions across the globe, according to Bitcoin statistics website,, which also informs that CNY has a 41.65% market share.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: China, CNY, USD, online payments, trade volume, exchange, Bitcoin, digital currency, crypto-currency
Categories: DeFi & Crypto & Web3
Countries: World
This article is part of category

DeFi & Crypto & Web3