Current Commentary -- Where Are We Now?

Sunday, August 20, 2017 10PM:

Cryptocurrency Activity Drops off Significantly

As the chart below indicates, the (red box) volume of cryptocurrency activity for today (20 August 2017) is substantially lower than any of the previous 7 daily sessions. Although I am writing this with another hour to go which would show slightly higher values for today, what we see right now is dramatically lower trading volume from all major regions.

These countries are currently showing about 1/2 or less of the trading volume (as measured in USD) that occurred over any of the prior seven calendar days: China, Europe, Britain, Hong Kong, India, Japan, S. Korea, Russia, and US.

All values in this chart have been converted to USD

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