XRP Surpasses BTC As Top Traded Asset On Bithumb
According to CoinMarketCap, XRP has surpassed Bitcoin in terms of trading volume on the South Korean cryptocurrency exchange Bithumb. Bithumb is one of South Korea’s top cryptocurrency exchanges, with a daily trading volume of $205 million at the time of writing and 170 listed cryptocurrencies.
The XRP/KRW trading pair accounted for 26% of all activity on the Bithumb platform, totaling $37,619,722, and remains the most traded asset, surpassing Bitcoin.
On Upbit, South Korea’s largest cryptocurrency exchange, XRP was also the most traded asset. The XRP/KRW pair led the way, accounting for 17.26% of total trading volume, or $149,157,173. The same thing can be seen on Korbit, a Korean cryptocurrency exchange.
Notably, the XRP/KRW trading pair accounted for 44.4% of total activity on Korbit, totaling $1,441,457.
XRP trading volume increased on Korea’s biggest exchanges by volume, Upbit, Bithumb, and Korbit, as the token’s price rose in response to the latest verdict in the Ripple-SEC litigation.
(With inputs from Shikha Singh)
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