Currently, average daily trading volume on cryptocurrencies is over USD 3 Billion. At the same time, Apple’s daily trading volume is around USD 4 Billion. The growing popularity and increased trading volume on cryptocurrencies, like Bitcoin, Ethereum, and other majors coins could surpass the trading volume of Apple in the not so distant future.
It is not a secret that the cryptocurrency market is booming and trade volume could shortly surpass that of major stocks, like tech giant Apple and others.
The great potential and growing demand in Bitcoin and Ethereum could be sending price much higher while attracting more investors to participate in this price surge.
The explosive growth in cryptocurrency trade volume has had almost a direct negative correlation with stock trade volume which had an equally large drop in trade volume. In fact, the average daily trade volume of the US stocks is now recording a 3-year low. Meaning that funds are being shifted from stocks to other investment opportunities, such as explosive cryptocurrency market.