【Crypto World】Latest data as of December 17 shows that Upbit’s total trading volume over the past 24 hours reached $1.023 billion, a decrease of 37.0% compared to the previous period, indicating a clear cooling of trading activity.
In the trading performance of mainstream cryptocurrencies, XRP continues to maintain a strong position, accounting for 15.6% of the trading volume, with a trading value of approximately $160 million, remaining in first place. GRS follows closely behind, with an 11.94% share and a trading volume of $122 million. As a benchmark asset in the crypto market, BTC’s trading volume accounts for 11.69%, with a trading value of about $120 million, ranking third. ETH holds a 10.57% share with a trading volume of $108 million, ranking fourth. USDT, as a stablecoin representative, although with a relatively low share (6.96%), still has a trading volume of $71.18 million, reflecting its important role as a trading intermediary.
Overall, the decline in trading volume may reflect a short-term market adjustment, but the high trading shares of coins like XRP and GRS indicate that funds are still seeking opportunities in these sectors.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
6
Repost
Share
Comment
0/400
SandwichTrader
· 5h ago
XRP this wave is really amazing, BTC has been pushed to third place, the market trend has changed.
View OriginalReply0
MoonlightGamer
· 12-18 00:41
XRP is really strong this time, even BTC has been pushed down.
View OriginalReply0
NoStopLossNut
· 12-17 08:43
XRP is leading the trend again; this wave of increase is quite strong... BTC has been pushed down instead, feels interesting.
View OriginalReply0
MissedAirdropAgain
· 12-17 08:41
XRP is rising again this time, and the feeling of BTC being suppressed is a bit uncomfortable.
View OriginalReply0
StealthDeployer
· 12-17 08:41
XRP this wave is really fierce, pushing BTC down. Interesting, huh?
---
Trading volume dropped 37%. Is it a sign of a downturn or just accumulation...
---
By the way, when did GRS suddenly surge? Haven't been paying much attention.
---
Stablecoins only account for 7%. What does this mean? Do people really believe in it, or are retail investors just playing around?
---
BTC being third is a bit outrageous; it wasn't like this before.
---
XRP has been rising continuously. Is this data truthful or selective?
---
Trading activity has cooled off... Is everyone just holding cash and waiting for a dip?
---
A 37% drop sounds pretty scary, but it doesn't seem particularly rare.
---
USDT's trading volume is still quite high, so turnover really is frequent.
---
Why is ETH ranked fourth? Feels a bit off.
View OriginalReply0
LuckyBearDrawer
· 12-17 08:25
Is this wave of XRP really gaining momentum? Has it surpassed BTC? That's interesting... But a 37% drop still looks a bit scary.
Upbit 24-hour trading data: trading volume down 37%, XRP leads the top five cryptocurrencies
【Crypto World】Latest data as of December 17 shows that Upbit’s total trading volume over the past 24 hours reached $1.023 billion, a decrease of 37.0% compared to the previous period, indicating a clear cooling of trading activity.
In the trading performance of mainstream cryptocurrencies, XRP continues to maintain a strong position, accounting for 15.6% of the trading volume, with a trading value of approximately $160 million, remaining in first place. GRS follows closely behind, with an 11.94% share and a trading volume of $122 million. As a benchmark asset in the crypto market, BTC’s trading volume accounts for 11.69%, with a trading value of about $120 million, ranking third. ETH holds a 10.57% share with a trading volume of $108 million, ranking fourth. USDT, as a stablecoin representative, although with a relatively low share (6.96%), still has a trading volume of $71.18 million, reflecting its important role as a trading intermediary.
Overall, the decline in trading volume may reflect a short-term market adjustment, but the high trading shares of coins like XRP and GRS indicate that funds are still seeking opportunities in these sectors.