Crypto Traders Flock to Altcoins Amid Bitcoin Price Malaise
CoinDesk ------ With many crypto traders sitting on the sidelines and awaiting news from China, volumes for bitcoin, the market's most highly traded asset, have seen a decline. Market participants traded 6,670 bitcoins through Bitfinex, one of the world's largest exchanges by volume, in the 24 hours through roughly 21:30 UTC yesterday, more than 50% less than the daily average of 17,900 bitcoins over the last week. Likewise, volume has declined at major Chinese exchanges Huobi, OkCoin and BTCC, all exchanges whose policies have been affected by directives from that country's central bank. To learn more about Crypto traders flocking to Altcoins amid bitcoin price malaise click on the picture below to read the article.