5 main Bitcoin exchanges lost for the first time in 2 weeks 2

5 main Bitcoin exchanges lost for the first time in 2 weeks

5 main Bitcoin exchanges lost for the first time in 2 weeks 3

As recent data shows, five of the largest Bitcoin exchange markets in the world lost more money this weekend than they did.

Money in motion

As noted by Token Analyst, an ecosystem monitoring resource, on August 12, a surprisingly busy trading session took place despite the continued strength of the Bitcoin price.

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According to statistics, Binance, Bitstamp, Bittrex, BitMEX and Poloniex ended the day with negative cash flow.

There has not been such a 24-hour period since July 29th. The news of the BitMEX investigation by the US authorities caused an outflow of capital and a larger sale.

Token Analyst had previously published a study showing how much stock market income could precede the price jump of a token.

Taking the example of Ethereum (ETH), the data highlighted the Binance, Bitfinex, Bittrex and Kraken exchanges, for which an imminent step was particularly noticeable.

Since the beginning of the uptrend in April, the markets of Altcoin are clearly different from those of Bitcoin. While the earnings of BTC investors have been stable, the Altcoins have become weak and have not yet been able to emulate the success of Bitcoin.

Bitcoin's market share is among the highest in more than two years, accounting for 70% of the total, amounting to $ 296 billion.

Bitcoin Price does not delight investors

Although Bitcoin remains in its historical price range of 2%, stock exchanges have faced several obstacles – and this in recent weeks alone.

Binance, for example, was faced with rumors of lack of security that weighed heavily on the price of Binance Coin.

BitMEX continues to be investigated by the US Commodity Trade Commission (CFTC), with allegations circulating that US traders have bypassed block trading on the platform.

According to his Twitter account, CEO Arthur Hayes is now in a place "unspecified" but remote in September.

In general, the foreign exchange sector is subject to fluctuations due to regulatory changes. India is currently at the center of attention, as it is planned to ban cryptocurrencies completely to citizens. Meanwhile, Binance is preparing to launch a special American version of its platform.

In July, CEO Changpeng Zhao (known as CZ) said that a hypothetical US ban on cryptocurrencies would not kill the industry.

Proof of text: bitcoinist