$2500 turns into $7,500 Bitcoin 2.0 (XBTC2) Sponsorship Offer for Australian National Review See Details

Generic selectors
Exact matches only
Search in title
Search in content

Bitcoin’s April trading volume 7x higher than Apple’s despite twice-lower market cap

Bitcoin 2.0 (XBTC2) Sponsorship Offer for Australian National Review.

Bitcoin 2.0 (XBTC2) Sponsorship Offer for Australian National Review.

Note: this Sponsor offer is strictly limited and can end at any time.

Bitcoin’s April trading volume 7x higher than Apple’s despite twice-lower market cap

By Oliver Scott

Despite commanding a market capitalization of over $2 trillion, Apple (NASDAQ: AAPL) trails bitcoin in trading volume highlighting the impact of the asset’s current sustained rally. The comparison shows how bitcoin is performing compared to Apple, the biggest company in the world by market capitalization.

Data acquired and calculated by Finbold indicates that bitcoin’s trading volume of $1.84 trillion in April 2021 is at least 7.4 times higher compared to Apple’s $249.22 billion. Bitcoin’s highest trading volume was $86.67 billion on April 23, while Apple’s was on April 29 at $20.17 billion.

Elsewhere, Apple also lags behind bitcoin in the 30-day average trading volume by at least 5.1 times less. Bitcoin trading volume was at $61.48 billion for the monthly average, while Apple stood at $11.87 billion. Data on bitcoin’s trading volume correlates with the dates when the Apple stock was trading.

 

 

Why bitcoin recorded high trading volume

Although bitcoin and Apple represent different class assets, the digital currency trading volume is impressive. With bitcoin emerging top on the trading volume metric, proponents of the asset believe it’s a justification that the digital currency will in the future act as a hedge.

Historically, bitcoin and other cryptocurrency trading volumes usually spike in the course of extreme price swings, putting a focus on the role of speculative traders in digital currency trading. In April, bitcoin recorded a mixed price movement with several corrections characterized by a new record high. Despite attaining the $64,800 all-time high price on April 14, bitcoin’s value dropped by about 8% for the entire month.

The record price level partly explains the high trading volume compared to Apple. The new price might have influenced investors seeking short-term gains with people looking to make quick money. Furthermore, the fear of missing out on the asset’s rally also set in. At the same time, with numerous price corrections across the month, fear might have set in among new investors who panicked they might lose money hence the need to sell.

It is worth mentioning that bitcoin trading is on a 24/7 basis without any restrictions, while Apple and traditional stocks only trade five days a week exclusive of holidays.

Bitcoin no longer ignored by traditional players

Bitcoin’s significant trading volume against Apple shows the digital currency is now competing with established traditional asset classes. As a result, the asset is no longer being sidelined, especially with the influx of institutional investors into the sector.

The ongoing rally is a direct result of institutions like Tesla, Visa, and PayPal investing in bitcoin or supporting the asset’s transaction. The digital currency is increasingly being considered as a safe haven, especially in the wake of the economic meltdown resulting from the pandemic. Notably, focus is also on Apple if the electronic giant will make a significant step into the crypto space.

For Apple, the stock surged by about 4.8% in April, and the trading volume trails bitcoin reflecting the current state of the traditional stock market. As bitcoin maintains its rally, the traditional stock market can be considered to be in a recovery mode after a historical dip in the wake of the pandemic.

However, the market has since recovered to hit new all-time highs. Apple is among companies whose stock benefitted from the health crisis as the company’s products helped people manage the lockdown.

In general, bitcoin has shown its resilience this year and maintaining a high trading volume in April despite price corrections points to a level of increased adoption. Additionally, it also highlights a lot of activity on the bitcoin network compared to Apple. This suggests an increasing number of participants on the bitcoin blockchain.

Here’s what others had to say:

Bitcoin 2.0 (XBTC2) Sponsorship Offer for Australian National Review.

Note: this Sponsor offer is strictly limited and can end at any time.

Follow us on all the social media platforms via linktree

Follow Australian National Review on telegram before we get completely censored off Facebook.

And also opt in at www.anrnews.com to always have access to ANR videos and podcasts.

You get a free copy of the “Great Vaccine Con" ANR Founder wrote 4 years ago with brave Doctors and Scientists, thanks to ANR.

We require donations to fund our work so if you believe in what we stand for then your support big or small is appreciated

Australian National Review’s community of readers and following is stronger than ever. However, advertising revenues across the media are diminishing, especially without a paywall. Will you help us remain a force for good and expose corruption in media, government and industry?

We want to continue on our mission to enforce a free press, especially in this day and age where mainstream media and big corporations are going all out to suppress us. As a non-profit without supporters donations we can’t fund ANR. By supporting The Australian National Review with just what you can afford, you can help us ensure that everyone is informed of the truth and has access to free press for years to come.

Australian National Review

Australian National Review

Jamie McIntyre Official Fan Page

Jamie
McIntyre

We also content share with other newsites such as

Advertise with ANR or become a Sponsor

Donate us via Direct Bank Transfer

  • Westpac Bank Australia
  • BSB 034216
  • Account 625646

World Solutions Bank

Leave a Reply

Your email address will not be published. Required fields are marked *

If you wish to support us financially to defend what’s left of our democracies

You can do it two ways

  • Donate to Australian National Review
  • To support the launch of our ANR Global Tv News Network, you can donate as well

or apply to be selected as an early stage investor simply message or email contact@australiannationalreview.com

*Sophisticated Investors only

Advertise with ANR or become a Sponsor

Testimonials

SUBSCRIBE TO OUR MAILING LIST

Bitcoin 2.0 (XBTC2) Sponsorship Offer for Australian National Review.

$500 into $1500 (Closed) now
$500 into $1000 ends May 10th

$2500 into $10,000 (Closed) now
$2500 into $7,500 ends May 10th

$10,000 into $80,000 (Closed) now
$10,000 into $50,000 ends May 10th

$30,000 into $200,000 ends May 10th

$1000 into $3000 (Closed) now
$1000 into $2000 ends May 10th

$5000 into $30000 (Closed) now
$5000 into $20,000 ends May 10th

$15,000 into $100,000 ends May 10th

$50,000 into $350,000 ends May 10th

$500 into $1500 (Closed) now
$500 into $1000 ends May 10th

$1000 into $3000 (Closed) now
$1000 into $2000 ends May 10th

$2500 into $10,000 (Closed) now
$2500 into $7,500 ends May 10th

$5000 into $30000 (Closed) now
$5000 into $20,000 ends May 10th


$10,000 into $80,000 (Closed) now
$10,000 into $50,000 ends May 10th

$15,000 into $100,000 ends May 10th

$30,000 into $200,000 ends May 10th

$50,000 into $350,000 ends May 10th

What is Bitcoin 2.0 (XBTC2) and how will it play it’s part in changing the world

We are competing against billion dollar funded mainstream media companies and multi billion dollar “Bill and Melinda Gates Foundation”. We must become much more resourceful and creative at raising funds to fight our well funded enemies.

We need your help to win this battle and appreciate all the donations so far.
If you are able to please support us, and our generous sponsor in Bitcoin 2.0 (XBTC2) will arrange additional bonus’s to reward our donors.

Plus any donation above $250 can be converted to an advertising credit to use with ANR anytime in the next 5 years. Includes Banner ads, tv ads, sponsorships of shows,email blasts etc.

 

$2.5 million Bitcoin 2.0 (XBTC2) on offer for our generous Australian National Review donors, to help us expose Bill Gates de population agenda, help defeat mainstream media false narratives including the falsified Covid virus used as a Trojan horse to usher in the communistic “The Great Reset”, and help put an end to child sex trafficking and other important initiatives.We are proud to announce the signing of Bitcoin 2.0 (XBTC2) as one of our main sponsors for the Australian National Review (selected as one of the independent media channels making a difference and worthy of support to grow more to help defeat mainstream media monopoly.)

As a result of this sponsorship, and to assist ANR in boosting its donations and advertising to fund its operations and expansion into a 24 hour Global News Network (we are a not for profit) and one of only a select few that you can gain allocations of Bitcoin 2.0 (XBTC2), prior to its upcoming listing planned for May 10th, 2021 Initially on a Uk based Exchange, then others.The Minimum donation to qualify for Bitcoin 2.0 (XBTC2) allocation is $250 (however you only receive a 1-1 token allocation ie $250 worth of Bitcoin 2.0 (XBTC2) tokens at or before listing).

2-1 token for $500 or more in donations. However for a limited time if you donate $1000 or more you will get 4-1 tokens.

This means if you donate to ANR $1000,Bitcoin 2.0 (XBTC2) have agreed to issue you with $2000 worth of tokens at the $0.20 cents list price.

A $1000 donation would be $4000 in tokens. Limited Bonus 6-1 token. Any donors or advertisers with an amount of $5000 or more, will get 6-1 token so a $5000 donation means Bitcoin 2.0 (XBTC2) will issue you $30,000 in tokens, based on the list price.

And a limited bonus for $10,000 plus donors of 8-1 being $80,000 Bitcoin 2.0 (XBTC2) tokens at the May 10th, 2021 list price. 10 to 1 bonus in limited time.

A $25,000 or more in donations will for a limited time get 10-1 in tokens of Bitcoin 2.0 (XBTC2), being $250,000 in tokens at the April May 10th, 2021 list price.Plus note all donations receive Advertising credit valid for up to 5 years, that you can use or transfer or resell as well as our Sponsor Bitcoin 2.0 (XBTC2)’s additional generous offer. Bitcoin 2.0 (XBTC2) is backed by advertising credit a real currency for small to large businesses.Note that merchants including some homeowners, landowners, boat owners etc are already accepting Bitcoin and soon Bitcoin 2.0 (XBTC2) to purchase assets with as well as merchants who you’ll soon be able to buy things using Bitcoin 2.0 (XBTC2).

It is being planned that Bitcoin 2.0 (XBTC2) like Bitcoin is already, will be useable for lending as collateral as well.