While global volumes on P2P trading site LocalBitcoins.com dipped for the first time in four weeks, turnover in Europe last week has shot up to an all-time high of 1,080,184 euros. This figure is +20 percent higher than the previous record of €854,624, recorded during the week of 2016-11-05.
LocalBitcoins turnover in Australia last week came very close to a new record as well, registering $1,141,374 Australian dollars; slightly lower than the all-time high of 1,142,916, which was recorded in December of 2015.
Although new all-time highs weren’t recorded in the usual countries - Russia and Venezuela - last week, turnover in both nations remained at elevated level. In fact, last week, volume in Venezuela came in at 4,015,475 Venezuelan bolivars worth of Bitcoin trades; the second-highest reading to date.
Charts courtesy of Coin.dance