Japan: Bitcoin Surpasses XRP in Yen-Denominated Crypto Holdings

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As of April 2019, the value of yen-denominated Bitcoin holdings has outstripped those in XRP on domestic exchanges. Fresh data from the Japan Virtual Currency Exchange Association (JVCEA) has revealed that as of April 2019, the value of yen-denominated Bitcoin (BTC) holdings has outstripped those in XRP on domestic exchanges. As Cointelegraph Japan reported on Sept. 10, the surge in the value of exchanges’ Bitcoin holdings coincides with the beginning of Bitcoin’s 2019 bullish uptrend, which saw the top cryptocurrency hit close to $14,000 by late June. Value of yen-denominated Bitcoin (red) and XRP (blue) holdings on JVCEA member exchanges, January-July 2019.…
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Japan: Bitcoin Surpasses XRP in Yen-Denominated Crypto Holdings

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