How much did bitcoin trade in Japan in June?

The share of bitcoin trade volume on Japanese exchanges rose from 69% to 80% in the first six months of the year, according to data tracked by Paris-based Kaiko. The total trading volume on Japanese exchanges was $4 billion in June, amounting to a 60% year-to-date surge.

What are the top 5 Japanese crypto exchanges by spot trading volume?

The study examined the top 5 Japanese crypto exchanges by spot trading volume, using CoinGecko data from October 1, 2022 to May 31, 2023. The top 5 Japanese crypto exchanges are: Bitflyer, Coincheck, Bitbank, BTCBOX, GMO Japan. Market share was based on total monthly spot trading volume.

What's going on with the bitcoin-Japanese yen (BTC/JPY) market?

The share of the bitcoin-Japanese yen (BTC/JPY) pair in total volume in bitcoin-fiat trading pairs has also increased from 4% to 11% this year. "It signals rising appetite on Japanese markets," Dessislava Aubert, research analyst at Kaiko, said in an email.