Japan’s volume - over 97,000 BTC - dwarf those of the number two market the US dollar, which consumes another 25 percent of the total, or 55,800 BTC.
Japan had superseded China, which is now the number three market, for the first time in February as Chinese exchanges halted BTC withdrawals. After further market reshuffles, the allure of fee-free trading and tax breaks continues to produce major activity in the country.
The top five most active Bitcoin trading currencies - JPY, USD, CNY, KRW and EUR - are followed by Poland’s zloty (PLN), which has seen 858 BTC traded in 24 hours.