While turnover spiked inwards most countries, novel weekly all-time highs were printed inwards Europe, Pakistan, Russia, Saudi Arabia, US as well as Venezuela.
Volume inwards Europe came inwards at 854,624 euros, merely a flake higher than the previous tape for the calendar week ending on 2016-10-15, which came inwards at 831,846 euros.
The spike inwards LocalBitcoins book inwards Islamic Republic of Pakistan is much to a greater extent than pronounced than the i inwards Europe, clocking inwards at 10,847,895 Pakistani rupees for the starting fourth dimension calendar week of Nov - virtually xxx percentage higher than volumes recorded during the final calendar week of October.
LocalBitcoins volumes printed a tape for the starting fourth dimension calendar week of Oct inwards the Russian Federation, but the remaining 3 weeks did non arrive at a novel all-time high, although turnover was notwithstanding real high. However, the starting fourth dimension calendar week of Nov shows that a novel all-time high was recorded inwards Russian Federation at 264,274,574 Russian rubles.
Unlike the steadily growing weekly turnover figures inwards Russia, Europe as well as the United States, LocalBitcoins activeness inwards Kingdom of Saudi Arabia has non been consistent at all. The nautical chart provided past times Coin.dance shows sporadic bursts inwards activity, followed past times abrupt drops. The book figure shows an all-time high of 67,824 Saudi riyals worth of Bitcoin trades for the starting fourth dimension calendar week of Nov inwards Saudi Arabia, which is much higher than all readings during the calendar month of October.
The biggest percentage of P2P trading on LocalBitcoins takes house inwards the United States. Last week’s information shows a novel tape of $8,516,653. This figure represents 51 percentage of all book on LocalBitcoins for that week!
LocalBitcoins book information coming out of Venezuela shows that at that topographic point is an increasing involvement inwards the digital currency inwards the country. During starting fourth dimension calendar week of November, Coin.dance charts exhibit that 4,269,676 Venezulean bolivars worth of Bitcoin trades took house on LocalBitcoins inwards Venezuela. This figure is 30+ percentage higher than the previous all-time high at the terminate of October, which was 2,997,495 bolivars.
With the implosion of the Venezuelan currency on the dark marketplace - which currently trades at 1756 bolivars per dollar, according to dolartoday.com - the figures on LocalBitcoins over the side past times side several weeks may live on much higher equally Venezuelans seek out ways to escape hyperinflation.
Charts past times Coin.dance
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