USD Dominates BTC-Fiat Trading PairsUSD Dominates BTC-Fiat Trading Pairs
By Mary Kihoro - November 8, 2018

A report by CryptoCompare has revealed that the US dollar has dominated over 50% of the global BTC-fiat trading pairs this month. According to the report, the two other major currencies that have been actively trading Bitcoin are Japanese Yen (JPY) at 21% and Korean Won (KRW) at 16%. Additionally, the report revealed a spike of over 230% of BTC/KRW trading pair in the second week of October 2018 where there was increased crypto trading in South Korea.