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Over 50% of traded volumes on cryptocurrency markets revolve around the majors, BitcoinEthereumXRPBitcoin Cash and Litecoin,” the publication wrote in comments on the results.

 bitcoin

“However, the market downfall is taking major US exchanges in its wake. Traded volumes on Coinbase, Bitstamp and Kraken have seen steep declines.”

Despite altcoins trending downward in price throughout the year, Binance, which offers a huge number of altcointrading pairs, appears to have used them to its advantage.

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