According to data from the CryptoCompare portal, the Japanese Yen currently accounts for 42 percent of Fiat's trading volume in the last 24 hours. Japan is characterized by low fees and could ranke first.
With a trading volume of more than 116,000 Bitcoin over the last 24 hours Japan runs over the USD and China who are 2nd and 3rd placed. This is the first time since February this year that the Chinese doe not occupy one of the top two places. In February, the disbursements on Chinese exchanges were frozen leading to trade losses.
Since the restructuring of the markets China has no longer allowed trading without fees during the payout stops in February.
In Japan however Bitcoin continues to receive further support: recently the fashion chain "Marui" accepted the digital currency into one of its stores. After a successful test phase one would expand to the remaining stores in Japan so the chain.
The rising Bitcoin course also creates an increasing popularity. Also in the mainstream media it is always reported again by Bitcoins new all-time high which is currently at $3342.70.
Beside Japan Poland also surprised us. The Euro finishes fifth behind the Korean Won but the Polish Zloty is in sixth place ahead of the British pound. It is possible that the bitcoin adaptation will increase there faster since there is a well-known fast-food supply chain that Bitcoin accepts.
What do you think?
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