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XRP tops Bitcoin on Upbit with $2.6B of trading volume in 24 hours

Published 07/14/2023, 07:01 AM
Updated 07/15/2023, 09:20 AM
© Reuters.

Trading volume of XRP (XRP) tokens on the South Korean crypto exchange Upbit has surpassed Bitcoin (BTC) in the past 24 hours. The XRP/KRW trading pair saw $2.6 billion in trading volume in the last 24 hours following Ripple’s partial win against the United States Securities and Exchange Commission (SEC) in its long-running court battle.

The XRP buying frenzy saw the token account for 46% of all trading volume on Upbit, followed by Bitcoin with just 5% of the total share. XRP led the bullish momentum in the crypto market in the past 24 hours, helping other altcoins hit double-digit surges.

24 hour trading volume on Upbit, Source: CoinGecko

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