<p><a href="https://www.thechainsaw.com/charts-heres-how-much-currency-is-traded-on-average-every-day-2016-9" target="_blank">https://www.thechainsaw.com/charts-heres-how-much-currency-is-traded-on-average-every-day-2016-9</a></p><p><br></p><p>I found this data drom 2019. This says 5.1T dollars are traded everyday.</p><p><br></p><p>Compared to that bitcoin has traded 71B dollars at its peak.</p><p><br></p><p>Bitcoin is still quite peanuts in that sense.</p>

<p><a href="https://i.redd.it/zbo489jilaw81.jpg" target="_blank">https://i.redd.it/zbo489jilaw81.jpg</a></p>

<p>Bitcoin trading has both similarities and differences when compared to trading other currencies. Here are some key points to consider:</p><p><br></p><p>1. Volatility: Bitcoin is known for its volatility, and its price can change quickly and dramatically. This makes it a high-risk, high-reward asset to trade. In contrast, other currencies, such as the US dollar, tend to be more stable.</p><p><br></p><p>2. Liquidity: Bitcoin trading volume has grown over time, and it is now one of the most traded currencies in the world. However, the liquidity of Bitcoin still lags behind that of traditional currencies. This can make it more difficult to enter and exit trades quickly.</p><p><br></p><p>3. Accessibility: Trading Bitcoin requires access to a cryptocurrency exchange, while trading traditional currencies can be done through a wide range of platforms, including banks and brokers. This means that trading Bitcoin may require more technical knowledge and expertise than trading traditional currencies.</p><p><br></p><p>4. Regulation: Traditional currency trading is heavily regulated in most countries, while Bitcoin trading is still largely unregulated. This can make it more risky to trade Bitcoin, as there is less protection for traders in case of fraud or other illegal activities.</p><p><br></p><p>5. Global availability: Unlike traditional currencies, which are typically limited to certain regions or countries, Bitcoin is a global currency that can be traded no matter where you are in the world. This can make it easier to find buyers and sellers, and can create more opportunities for arbitrage and trading.</p><p><br></p><p>Overall, Bitcoin trading is both similar and different to trading other currencies. It offers unique opportunities and risks due to its volatility and decentralized nature, and it requires a different set of skills and knowledge than traditional currency trading.</p>

<p><span style="background-color: rgb(249, 250, 251); color: rgb(0, 0, 0);">Bitcoin is not included in the table showing the most traded currencies by value on the Wikipedia page provided. This is because Bitcoin is a decentralized digital currency that operates on a peer-to-peer network, and it does not fall under the category of traditional fiat currencies issued by governments.</span></p><p><br></p><p><span style="background-color: rgb(249, 250, 251); color: rgb(0, 0, 0);">Bitcoin was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. It was designed to be a decentralized form of digital currency that allows for secure and anonymous transactions without the need for intermediaries such as banks or governments. Bitcoin operates on a technology called blockchain, which is a distributed ledger that records all transactions made with the currency.</span></p><p><br></p><p><span style="background-color: rgb(249, 250, 251); color: rgb(0, 0, 0);">While Bitcoin has gained significant popularity and recognition over the years, it is still not widely accepted as a medium of exchange in comparison to traditional fiat currencies. However, it has become a popular investment asset and is traded on various cryptocurrency exchanges around the world.</span></p><p><br></p><p><span style="background-color: rgb(249, 250, 251); color: rgb(0, 0, 0);">**Bitcoin's absence from the table of most traded currencies by value is due to its unique nature as a decentralized digital currency. It does not have a central authority or government backing, and its value is determined by market demand and supply dynamics. Therefore, it cannot be directly compared to traditional fiat currencies in terms of trading volume or value.**</span></p>