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Pro traders flocked to bitcoin in crypto crash amid ‘flight to quality’
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Bitcoin’s recovery from the brutal sell-off that wiped billions from the crypto market shows the resilience of the cryptocurrency.
That's according to the chief executive of cryptocurrency and FX exchange LMAX Group, David Mercer, who said the two-day period following the terra-luna crash saw the highest amount of crypto traded on its platform this year, with $2.5bn and $3.5bn traded each day respectively.
“We...
Read more on fnlondon.comAbout this in other media
10 Brazilian Business Giants That Have Taken the Bitcoin, Crypto Plunge cryptonews.com /2 years ago
Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil cointelegraph.com /2 years ago
Bitcoin 'finally' due for $32.8K as long-term BTC price metric flashes overvalued cointelegraph.com /2 years ago
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