BTC pairings were found to comprise approximately 33% of the roughly “$12 [billion] in traded volume at press time for 18 June 2018.” ETH pairings represented 12% of total volume, followed by BCH with 3%, and XRP and LTC with 2% each.
In addition, USDT pairings were found to comprise 17% of the total trade volume of the cryptocurrency markets.
The combined volume of all other altcoin markets listed on Coinmarketcap was found to have constituted just 31% of trade volume.
The report also found that 49.3% of altcoin markets (803 tokens) had produced less than $10,000 in trade volume, and that 67.3% (1,096 tokens) posted less than $100,000 in trade volume.
Just 15.3% cryptocurrencies produced a trade volume of $1 million or higher, and only 6.3% of markets produced $5 million or more in 24-hour trade volume.
Analysis conducted by Diar has indicated that only a minority of cryptocurrencies represent the vast majority of trading volume in the virtual currency markets – with only 0. 36% of tradable cryptocurrencies found to have comprised 69% of the total trade volume of the entire cryptocurrency markets.
Crypto-related exchange-traded products (ETPs) ended their five-week outflow streak, recording strong weekly inflows of $644 million, according to CoinShares’ latest report. James Butterfill, Head of Research at CoinShares, noted that the trend reversal reflects a marked improvement in investor sentiment across the digital asset sector.
Binance has launched a ‘Vote to Delist’ feature enabling verified users to delist tokens from its monitoring zone list. Starting today, March 21, 2025, Binance has introduced a “Vote to Delist” feature, an initiative that would allow its community members…
Traders expect XRP’s price to go higher, leading to more than a 4% increase as many are buying options that profit if the price stays above a certain level in March. XRP (XRP) climbed 4% to $2.41 on Friday, March…
В криптоиндустрии новый инфоповод — Bitnomial, чикагская биржа, решили «снять» свой иск против SEC, который был подан потому что, по их мнению, SEC лезет не в своё дело, пытаясь регулировать их фьючерсы на XRP.
XRP price rallied on Wednesday after Ripple CEO Brad Garlinghouse announced that the U.S. Securities and Exchange Commission will drop its appeal in the lawsuit against the firm. XRP posted a double-digit rally following the announcement after Garlinghouse’s tweet on…
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