Trading volumes on CoinMarketCap reached an absolute historical maximum of

According to the CoinMarketCap (CMC) analytical resource, on April 4 the daily trading volume of all cryptocurrencies reached a new historical maximum of $ 86.62 billion. This figure exceeds the record of January 2018 by 42%, although the total market capitalization is 4 times lower.

CoinMarketCap data

However, it is worth noting that CMC recently found itself at the center of a scandal triggered by a report by Bitwise Asset Management, which claims that 95% of trading volumes on unregulated exchanges are not true. CMC subsequently acknowledged that the problem exists, and promised to introduce new metrics to combat fraud.

At the same time, the alternative resource OpenMarketCap (OMC) reports that the daily volume on ten trusted exchanges was about $ 5.3 billion (approximately 93.6% less than CMC). The OMC version of trusted trading sites includes Binance, Bittrex, Bitfinex, Bitstamp, Kraken, Coinbase Pro, Gemini, itbit, bitflyer, Poloniex, Changelly and independentreserve.

OpenMarketCap data

It is noteworthy that on April 3, the Chicago Mercantile Exchange (CME) recorded a record trading volume of 17,075 contracts.

CME Group Data

Recall, on April 2, the price of the first cryptocurrency in just an hour increased by almost $ 1000 and tested an important psychological mark of $ 5000. At the moment (6:55 UTC), bitcoin is held above it.

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