We’re already seeing usd market share drop off from a peak of 70% in the second half of last year, but that trend seems to be slowing down.
We’re still seeing plenty of usd sellers in the marketplace, and they’re still selling a lot.
The number of usds sold in the first quarter of 2017 was up by 11% from the same period a year ago.
We also noticed that many of the largest sellers are offering usd with a few other currencies.
These sellers have a lot of influence on how many wed are being sold, and we’ll have to keep an eye on their activity in coming months.
In addition, we saw a surge in the price of wed in the last few weeks, which may be an indication that sellers are beginning to feel the pinch.
There’s also the fact that some of the smaller sellers have been getting some serious help in the market from other traders.
In other words, the wed market is in good shape.
We can look forward to seeing usds on the major exchanges going up, especially as some of these sellers are seeing their market share fall off.
What do you think of the market for usd?
Let us know in the comments below!