Binance sees All-Time-High in system traffic

cryptoexchange

Binance chief executive Changpeng Zhao, took to Twitter a few hours ago, to announce that Binance, one of the largest cryptocurrency exchanges, saw an all-time-high in traffic.

As the world’s most popular cryptocurrency surges to a 12-month high, the Binance CEO, Changpeng ‘CZ’ Zhao, took to Twitter to announce that the exchange saw an all-time-high in traffic ‘by far’.

Clearly BTC’s recent upward price movements haven’t gone unnoticed outside of the cryptoverse and ‘new’ money is beginning to flow back into the crypto space, as Binance records its ATH in traffic.

According to data by CoinMarketCap Binance has processed almost $2.9 billion worth of cryptocurrency trades in the last 24 hours, while all exchanges together processed more than $100 billion on the day.

As some of the Binance community members point out, the fact that Binance records its ATH in traffic today, is definitely a bullish sign for the entire crypto space.

Crypto trader Josh Rager suggested that Bitcoin will soon say hello to price targets well above the $9,000 price level.

And the crypto analyst, CryptoFibonacci, said that Bitcoin is massively bullish right now and that there is no need to fight it or try to predict a pullback.

To the moon!)

By chepicap

JOIN OUR NEWSLETTER
I agree to have my personal information transfered to MailChimp ( more information )
Join over 3.000 visitors who are receiving our newsletter and learn how to optimize your blog for search engines, find free traffic, and monetize your website.
We hate spam. Your email address will not be sold or shared with anyone else.