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Published on Apr 8, 2019
A recent article on CNBC reported that 95% of Bitcoin’s volume is faked by unregulated exchanges. According to CoinMarketCap.com, around $8.9 billion of Bitcoin volume took place over the last twenty-four hours, and, if the report carried out by Bitwise is accurate, only $445 million of the volume took place with real trades.
With negative news and weak price action why are corporations and financial institutions still interested in cryptocurrency?