Worldwide bitcoin trading volume has decreased by up to 37 can you really earn money from bitcoin cent compared to last year. However some countries have also registered strong growth in the use of the how to make profit from binary option, as shown by a new infographic from Block-Builders.
Best forex broker 2020 Latin America in particular, BTC is becoming increasingly important and living up to its reputation as a crisis currency. The decline in trade volumes is particularly sharp in China The trend in Switzerland was completely different: here, transactions rose by per cent.
Volumes also increased in Argentina, Chile and Colombia, even doubling since in the case of Argentina. As the infographic shows, the country faces a precarious situation, with the inflation rate there recently rising by In Germany, inflation rose by just 1. Investor confidence in Argentina reached a new low, and as a result more and more investors have been opting for the decentralised Bitcoin concept.
Meanwhile a glance at the price development shows that Bitcoin is among the big winners in the 6-month review, the price of the cryptocurrency increasing by The value of crisis asset gold only increased Overall, the current development seems to support the claim that Bitcoin is a safe haven in times of crisis. Global bitcoin trading volume down 37 per cent Submitted.