Ripple’s XRP sees explosive 1,151% trading volume spike in November
XRP saw a 1,151% surge in trading volume on eToro as its price nearly tripled last month. XRP saw a month-on-month 1,151% surge in trading activity in November on the eToro investment trading platform, according to the company’s latest report. This comes as the XRP price rallied to $0.92 on Coinbase at its monthly peak and closing the month with a 283% gain at around $0.61.Top 10 traded cryptoassets Source: eToro Spike in retail interest, trading activityBitcoin (BTC) was nearing $19,000 for the first time since December 2017 when large market cap altcoins like XRP started to surge in....
Related News
The Dogecoin price has failed to reach its all-time high peaks after repeated rallies and subsequent beat downs. So far, it has been a dance between testing major resistance levels, and bulls trying to hold support as sell-offs mount. During this time, there has been a lot of fluctuations in the volume of the meme coin. Using historical performance, the Dogecoin trading volume could give a hint for where the price could be headed next. DOGE Trading Volume Still Trending Low The Dogecoin trading volume has been trending low as the Dogecoin price has retraced over the last few months. This....
Shiba Inu (SHIB) is experiencing renewed interest after fresh data revealed a massive 300% spike in on-chain activity. The meme coin recorded one of its most significant surges in transaction volume in months, indicating a possible sign of the market bottoming as large holders seemingly prepare for the next leg. Shiba Inu Sees Explosive On-Chain Growth Shiba Inu’s on-chain activity has erupted in recent days, with token transfer volumes recording a major increase. According to Etherscan’s data, on August 25, SHIB’s transfer volume surged over 4.25 trillion tokens, representing a....
XRP is staging a remarkable rebound, rising from early October lows of $1.77 to over $2.60, even as the U.S. Securities and Exchange Commission (SEC) prolongs its review of pending XRP ETF filings. Related Reading: $10K Is Coming: Arthur Hayes’ Zcash ‘Vibe Check’ Sparks 30% Moonshot The delays have sparked mixed market sentiment, yet XRP’s trading volume and technical setup indicate growing bullish momentum. Over the weekend, XRP surged to $2.68, breaking critical resistance at $2.63 on a 147% volume spike, one of the largest in recent months. This explosive move coincided with renewed....
Last week's bitcoin price surge, initiated a chain react across all major bitcoin exchanges and bitcoin's trading volume reached its highest point in since late 2014. So, so did the price surge enkindle the rise in the trading volume? or did it go the other way round; the boosted trading volume pushed bitcoin price "to the moon"? Bitcoin Trading Volume Rising Across All Major Exchanges: According to blockchain.info, the bitcoin/USD exchange volume reached $42,637,208 on the 5th of November, the day that witnessed a price high of $447.47 on Bitstamp. Although the price exceeded $500 on the....
Data shows the Bitcoin trading volume spiked up last week as a result of Binance removing fee on its platform. Bitcoin Trading Volume On Binance Alone Registered $11 Billion On 8th July As per the latest weekly report from Arcane Research, the BTC volume on Binance accounted for 84% of the market’s total on its […]