Sunday February 21 2016
Bit-x doubles to 13% in $BTCUSD, tops Kraken in $BTCEUR
@KittyBitcoin paws at this week’s bitcoin exchange percentage marketshare “wool ball”. We look at $XBTCNY, $XBTUSD, $XBTEUR & $XBTGBP. Estimated read less than 5 minutes. Who did what – and how did it unravel?
All Currencies 7 days
All charts courtesy Bitcoinity.org
@Huobicom’s market leading 51% of marketshare from last week has vanished, sliding to 48%. @OKCoinBTC registers 44% – which is up about 3% from the previous week. @YourBTCC shows about a half percent increase of marketshare over last week and is third overall bitcoin exchange by volume traded worldwide with just 1.8% marketshare. That’s no typo, the top two exchanges account for 92% of the total world market which is up by about one percent over the week before. @LakeBTC lost about one quarter of a percentage over last week’s volume but retains overall number five rank. “Others” has slid a notch indicating a general but small loss of competition in the non top ten exchanges. @Bitfinex has lost 0.30% over last week falling one position lower. @Bitx2014 has gained about 0.35% from last week suggesting that some of Bit-x’s gain came at Bitfinex’s loss. @Coinbase who was seventh overall last week is nowhere to be found. @Bitstamp takes their place. @KrakenFX and @Btcecom flesh out the bottom of the world top bitcoin exchanges by volume for this week.
Read More:
http://themerkle.com/technicalanalysis/weekly-xbt-marketshare-2-21-16/