Friday, July 30

Coinshares

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Crypto trading volumes have fallen to a 9-month low as Europeans ditch bitcoin, although US investors are still buying: CoinShares

British flag and US flag Alex Wong Bitcoin has seen outflows in Europe but inflows from North America in the latest week, according to CoinShares. Trading volumes totalled $1.58 billion for the week to July 9, the lowest since October. Multi-asset investment products, like the Bitwise 10 crypto index fund, were the most popular last week. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Cryptocurrency trading volumes fell to their lowest in nine months in the latest week, as bitcoin continued to fluctuate in a relatively narrow range, according to data from digital asset manager CoinShares on Tuesday.Outflows picked up speed in Europe, where regulators have toughened their scrutiny of cryptocurrency trading in general, while US investors were net buyers o...