Prices are Surging but Trading is Falling
19
Jul, 2023

Prices are Surging but Trading is Falling

Prices for every cryptos are surging, with Bitcoin and Ethereum be the leaders, making returns of more than 7 %.

 

On contrary, the moves on trading level seems to drop drastically. More specific, the volumes at spot level at the largest crypto exchanges have dropped by 43 %, in the Q2 2023.

 

A move that affect the entire situation is the war against Binance, which slashed around 3,000 job positions while it has many institutional problems with the US government.

 

Moreover, the market share has dropped from 62 % to 51 % and the pie will be shared again to other exchanges. Obviously, crypto exchanges are the “front line” of the ecosystem and every move towards them, have impact on the price.

 

The war and the prices are bringing the next day in cryptos…

 

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is in Nikiti, Chalkidiki, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

 

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

 

At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.

 

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).