by Alexander Romero 
Trading volume in Bitcoin BTC soars on Localbitcoins in Hong Kong!
Result of tensions and clashes in the streets of Hong Kong, sales and purchases of Bitcoin BTC explode.
LocalBitcoins recorded its third highest week for BTC volume amidst ongoing protests in Hong Kong.
The last time Localbitcoins recorded such numbers was during the last Bitcoin bull run in late 2017.
More than 172.8 BTC ($1.42 million) of trading volume in Bitcoin against the Hong Kong dollar.
The last time the platform had such a large volume for BTC was at the end of 2017, with a peak of $1.53 million in December 2017 and $1.51 million in January 2018.
This is indicated in the figures and statistics on the Coin Dance website and their graph below.
The demonstrations and clashes in Hong Kong are more and more violent, which seems to influence the volume of Bitcoin BTC trade in the country.
It seems that the clashes between the police and the demonstrators, many of whom are students, have gone up a notch with a policeman who fired point blank at a student who is in hospital.
This event shocked the population with the video of the student hit at close range by this police officer.
Any event of society has effects on the price of Bitcoin BTC, the trade war between the United States and China, the clashes in Hong Kong.
Locally, it often happens that the price of Bitcoin BTC is much more expensive than the market price because of a higher demand as recorded this week on Localbitcoins in Hong Kong.
