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P2P Bitcoin trading in the United States has surged, with almost $29 million trading on Localbitcoins and Paxful

According to data published by UsefulTulips. P2P Bitcoin trading activity in the United States surged to a new all-time high during the week of June 7,

Source: usefultulips.org

Over the past seven days, nearly $29 million worth of Bitcoin has changed hands for U.S. dollars on leading peer-to-peer marketplaces Localbitcoins and Paxful.

The past week saw only North America and Middle Eastern/North African trade increase, with all other regions posting slight declines in seven-day volume.

Over $24 million in Bitcoin changed hands on Paxful in the United States alongside $4.6 million traded on Localbitcoins.

With roughly $1 million trading on Canada’s P2P markets as well, the past week comprised the second-strongest on record for North American trade with $29.8 million in weekly activity — trailing behind the week of May 20, 2018, which posted $30.2 million in North American trade.

North American trade produced double the volume of the second-strongest region for P2P activity, with Sub-Saharan Africa generating $13.6 million in weekly trade.

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