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Despite Massive Accumulation, Bitcoin Holdings In Japan Are Doing Better Than Ripple’s XRP

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While Bitcoin may be struggling to regain its upward momentum, it seems like there are other areas of the coin’s market that could be doing just well especially in Asia. According to a report by the Japan Virtual Currency Exchange Association (JVCEA), Bitcoin holdings denominated in the Yen have increased to surpass those of XRP in Japanese exchanges. 

A closer look at the market dynamic related to these holdings reveals that Bitcoin holdings surpassed XRP holdings in April 2019. Also, the start of the said surge coincided with start of Bitcoin’s upward trend in 2019, a development that saw ...

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