Satis Group Report Claims Cryptocurrency Trading Volume To Increase By 50 % in 2019

2018 hasn’t been a great year for cryptocurrencies so far in terms of it the Market evaluation. The bearish market has pushed bitcoin and other altcoins to lose their value, which has subsequently resulted in a decrease of overall trading volume from over $40 billion a day to barely $13 billion. A new report from Statis group claims that the current situation will be reversed by 2019. The research shows that digital currency trading volume will overtake the US Corporate Debt trading in 2018.

While cryptocurrencies are gaining recognition across the globe, the interest in trading the virtual currencies has been declining for over the past nine months; majorly attributed to the falling prices that lead to lower overall trading performance. Some analysts and Crypto Bulls have been persistent that the market will soon reverse and grow exponentially.

The positive outlook depends on challenging milestones before it becomes reality. Especially positive regulatory developments that will pave the path of mainstream adoption and invite more trust from the investors. While the lower prices have created an entry point for traders, the underlying troubles with cryptocurrency in relation with its volatility, trading, storage, and regulation hinders huge investors.

Read more: U.S. Lawmaker Introduces 3 Pro-Cryptocurrency Bills to Congress

Keeping it simple 

A key block for the virtual assets is their complexity. With a number of exchanges and thousands of digital currencies to trade, it is important to keep their approach and trade at a simpler level to entice investors.

This is possibly the best time to distribute overall market liquidity in a more even manner. As confirmed by Satis Group that a few operators control the majority of trading volume liquidity; an even distribution will benefit the industry as a whole.

However, predicting the scale and direction of cryptocurrency is difficult. With the growing incline of institutional traders and investors towards the digital assets have started to bridge the gap between traditional finance and cryptocurrencies. An increase in trading volume will indicate that the gap between industries growing smaller.