Bitcoin Volume on BitMEX Skyrockets to Staggering $10 Billion as BTC Hits 2019 High

Arthur Hayes, the CEO at BitMEX, the most widely utilized margin trading platform by bitcoin traders, revealed that the daily volume of bitcoin on BitMEX surpassed $10 billion on a Sunday, which was especially surprising given that the cryptocurrency market historically has shown a dip volume during the weekend.

Interest in Bitcoin is Surging Again

With the verifiable daily spot volume of bitcoin at over $1.9 billion, up by nearly 9-fold since March, and the daily volume of BTC at over $10 billion on BitMEX, the daily volume of the cryptocurrency market is nearing that of the 2017 peak during which the bitcoin price achieved $20,000.

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