The over-the-counter (OTC) trading platform of Goldman Sachs-backed financial services startup Circle doubled its minimum Bitcoin trade amount to $500,000 amid what it calls a “robust market”, Business Insider reports Monday, April 23.
In comments to Business Insider, Circle CEO Jeremy Allaire said the move preempts a U-turn in crypto trading markets, which saw volumes decline in Q1 this year as Bitcoin and altcoin asset prices fell.