THELOGICALINDIAN - The cogent bearish drive accomplished beyond cryptocurrencies throughout November collection a cogent access in account barter aggregate amid the arch markets
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BTC Posts Strongest Volume Since May
According to Coinmarketcap, BTC saw an access in account barter action of 43 percent in November. Nearly $156.5 billion account of BTC afflicted hands — the arch account aggregate for the bill back $185 billion in May.
The additional most-traded cryptocurrency, USDT, additionally saw a affecting access in barter volume, with $106.5 billion account of the stablecoin alteration hands. November has been the arch ages for USDT barter in the additional bisected of 2018, with aggregate up added than 53 percent from October.
ETH additionally acquaint its arch 30-day barter aggregate back May, with over $58.8 billion account of the bill alteration easily in November. ETH saw a 42.7 percent accretion in barter action ages over month.
Ripple Retains Top 5 Ranking
EOS has connected to advance its position as the fourth most-traded cryptocurrency, a acumen it recaptured in October afterwards briefly bottomward to fifth abode in September. EOS pairings produced $24.2 billion in barter in November, up 73.6 percent ages over month, to accomplishment with their arch account volumes back June.
XRP captivated its rank as the fifth most-traded cryptocurrency in November, extensive a 30-day barter aggregate of almost $21 billion. Monthly barter aggregate added 54.4 percent from October, appearance one of the arch months for XRP in 2018. However, its 30-day barter aggregate bootless to bout the $24.7 billion in barter action recorded for XRP pairings during September.
Monthly BCH Volume Rises by 43%
BCH connected to rank as the sixth most-traded cryptocurrency, with about $13.6 billion in absolute account barter in November. Barter aggregate added 43 percent from the above-mentioned month, authoritative it the currency’s arch 30-day aeon for barter aggregate back July.
LTC ranked as the seventh most-traded cryptocurrency in November for the third ages in a row. When compared with October, the LTC markets saw a 42.4 percent access in barter activity. By barter volume, November was the arch ages for LTC pairings in the additional bisected of 2018.
ETC climbed two spots in the account aggregate rankings to eighth place, with about $5.27 billion in volume. Despite announcement a 25 percent access in account barter activity, ETC pairings recorded their third-weakest account volumes this year.
Strong Second Half for Leading Markets
November saw little change in trading of dash, with month-over-month aggregate accretion by aloof 0.4 percent. The 30-day barter aggregate for birr pairings was $5.18 billion, bumping it bottomward one abode to rank as the ninth most-traded cryptocurrency in November.
NEO had its arch ages in the additional bisected of 2018, with trade action hitting almost $5.57 billion. Trading rose 21 percent ages over month, blame it bottomward one position to rank as the 10th most-traded cryptocurrency.
CKUSD additionally hit its arch account aggregate akin for the additional bisected appropriately far, with about $4.5 billion in trade. November saw a month-over-month access in barter action of added than 32 percent, active CKUSD up one position to accomplishment as the 11th most-traded cryptocurrency.
BSV Ranks as 14th Most-Traded Crypto
QTUM acquired one position to rank as the 12th most-traded cryptocurrency afterwards announcement about $4.4 billion in volume. November was the currency’s arch ages for aggregate back July, with trading up 18 percent ages over month.
ZEC produced its arch 30-day barter aggregate for the additional bisected of 2024, at $4.07 billion. ZEC recorded a month-over-month aggregate access of 16.3 percent, blame it up one rank to become the 13th most-traded cryptocurrency in November.
Although it alone traded for two weeks in November, BSV acquaint $3.27 billion in barter aggregate to rank as the 14th most-traded cryptocurrency.
TRX Trade Volume Tumbles
XLM saw an access in barter action of 106 percent in November, with 30-day barter aggregate of about $2.74 billion. Despite recording its arch account aggregate for XLM in the additional bisected of 2018, Stellar rose aloof one abode to rank as the 15th most-traded cryptocurrency.
TRX was the alone arch bill to column a bead in month-over-month volume. TRX pairings produced $2.42 billion in barter aggregate in November, bottomward 34 percent from October. It absent bristles positions to rank as the 16th most-traded cryptocurrency.
Stablecoins PAX and TUSD Climb Into Top 20
November saw two new entries into the top 20 cryptocurrencies by barter aggregate from two stablecoins, Paxos Standard Token (PAX) and TrueUSD (TUSD). PAX acquaint 30-day barter aggregate of $1.54 billion to rank as the 17th most-traded cryptocurrency. TUSD pairings, meanwhile, generated $995.5 actor in barter action in November, authoritative it the 18th most-traded cryptocurrency.
ADA and ONT Regain Top 20 Rankings
After bottomward bristles places from September to rank as the 21st most-traded cryptocurrency in October, ADA climbed aback into the top 20 to rank 19th in November. Monthly barter aggregate hit almost $952 million, blame the bill up two places and absolute a 12.6 percent access in month-over-month volume.
ONT additionally re-entered the top 20, accepting eight positions to rank as the 20th most-traded cryptocurrency. ONT acquaint $946 actor in 30-day barter volume, up 50 percent ages over month.
Do you anticipate that barter aggregate will abide to access in the advancing months? Share your thoughts in the comments area below.
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