Even though the cryptocurrency markets are a worldwide phenomenon, there are only a few countries playing a huge role in it. Indeed, just like global Forex trading volume is concentrated among the top five trading desks, so is the bitcoin markets. so what do yo think, Which are the most influential Bitcoin market by country?
The most influential bitcoin exchange in the world is bitfinex since the highest volume of bitcoins are being traded here everyday. By looking at the 24 hour trade volumes, the amount ranges from 6000 bitcoin to 30,000 bitcoin in normal days and on bullish and bearish height it reaches up to 100,000 bitcoins. Thus whatever occurs in bitfinex there will be a huge impact on the overall bitcoin market.