Bitcoin gains more than 3% to hover around $23,000 – Thai SEC reveals trading volume of Thai crypto market in July fell 72.2%

The bitcoin price rose 3.20% today (August 6) to $23,263.85.

Bitcoin’s uptick this morning came after the Dow Jones Industrial Average closed 76 points higher on Friday. In the U.S., non-farm payrolls rose more than expected, which could be a factor in the U.S. Federal Reserve (Fed) raising interest rates.

  • The Dow Jones Industrial Average rose 76.65 points, or 0.23%, to close at 32,803.47.
  • The S&P 500 fell 0.16% to close at 4,145.19 points.
  • The Nasdaq fell 0.50% to close at 12,657.56 points.

The SEC has released a report on the global digital asset market (August 5, 2022) The SEC in Thailand released a report on August 5, 2022, on the global digital assets market, which currently has a market capitalization of around $0.97 trillion and a daily trading turnover of $76.63 billion.

The value of digital asset trading in Thailand fell 72.2% to ฿70 billion in July 2022 from ฿250 billion in January 2021 (data as of Aug. 5, 2022)

The number of trading accounts with active traders in the country stood at 251,000 accounts out of a total of 2,867,231 accounts in June 2022, the lowest in a year.

In 2022, the cumulative turnover by asset class is relatively divided. The highest trading values on exchanges in Thailand are Tether with a trading value of ฿ 110 billion, Bitcoin with ฿ 90.6 billion, and Ethereum with ฿ 61.8 billion.

The Spot Market is Open

Saturday, August 6, 2022

Crypto
Updated at
USD
Price

Change

%Change
09.15 BTC23,251.52+88.77+0.38
09.15 ETH1,734.84+58.37+3.48
09.15 LTC61.89+0.50+0.81
09.15 BNB315.74-2.62-0.82
09.15 XRP0.37+0.00+0.48
09.15 ADA0.52+0.00+0.82
09.15 DOT8.68+0.25+2.99
09.15 DOGE0.07+0.00+1.88
09.15 UNI8.98-0.13-1.41
09.15 LINK7.80+0.05+0.62

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