According to CoinGecko data released on February 2nd, Upbit, a prominent cryptocurrency exchange, reported a substantial trading volume of $3.456 billion within a 24-hour period. The XRP/KRW trading pair emerged as the leading asset, constituting an impressive 19.94% of the total trading volume, solidifying its position in the South Korean market. Following XRP, the top five trading pairs by volume featured BTC, QTUM, DOGE, and SOL, illustrating a diverse array of digital assets being actively traded. This data underscores the growing interest and activity in the cryptocurrency sector, particularly in regions like South Korea, where local exchanges play a pivotal role in shaping market dynamics. As traders continue to navigate the evolving landscape, monitoring such trading activities will be crucial for understanding broader market trends.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024