Is that just driven by the trading done in countries outside the US?
I’m starting to think about trying to understand crypto. My misgivings about it as a libertarian tax evasion scheme belongs in another thread, but if I can convince myself it is really just a gambling product that won’t destroy society, maybe I can dip my toe in the pool. I still need to get a theoretical understanding of why things happen, though. I don’t feel comfortable with black box correlations.