Trading Volume

XRP trading volume jumped 235% in the last 24 hours after Ripple settled a legal case with the SEC. XRP is predicted to reach $1 soon.

XRP Trading Volume Skyrockets 235% in a Day

<img src="https://static.bittime.com/cms-static/upload/XRP_Trading_Volume_Skyrockets_235_in_a_Day_3592a92691.webp" alt="XRP Trading Volume Skyrockets 235% in a Day.webp" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> -&nbsp;In the last few days, XRP experienced a significant spike in trading volume, increasing by 235% in the last 24 hours.&nbsp;This comes as the crypto market recovers from the previous downturn and following the completion of a four-year legal case between Ripple and the SEC (Securities and Exchange Commission).&nbsp;With this case over, XRP no longer faces major obstacles, and is now showing a strong bullish trend.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_staking_coin_8abe277d88.webp" alt="banner staking coin.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Ripple Settles Case with SEC For $125 Million</h2>The price of XRP has been affected since 2020 when the SEC filed a case against Ripple for selling unregistered securities.&nbsp;In 2023, a court ruled that direct sales of XRP through exchanges did not violate securities laws.&nbsp;However, selling XRP directly to institutional clients was deemed to violate federal securities laws, and Ripple was fined $1 billion.Recently, Judge Analisa Torres of the Southern District Court of New York again heard a case regarding the sale of unregistered securities worth 1.278 million XRP to institutions.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="Banner Blog.webp" width="2985" height="620"></a>In the decision, the initial fine of $1 billion was reduced to $125.035 million to be paid by Ripple. This settlement has triggered a surge in the price of XRP, which is now ready to return to the bullish trend and is predicted to reach $1 in the near future.Read also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/listing-dogs-akan-diumumkan-sebentar-lagi">Soon, DOGS Listing will be announced August 14 2024</a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">XRP Purchase Volume Surge By 235%</h2>Following the settlement of the case with the SEC, the price of XRP surged, and its purchase volume increased drastically by 235% in the last 24 hours.&nbsp;On August 8, 2024, Ripple's price fell drastically to $0.4318 but managed to leave the support level and is now trading at $0.5863 at the time this article was written.&nbsp;This spike in purchase volume shows high interest from crypto investors who are trying to maximize profits from XRP.With the legal situation now clearer and positive trends visible, many predict that XRP will soon reach $1.&nbsp;Apart from that, social chatter and the latest analysis also show that XRP is becoming a hot topic of conversation among crypto investors. This surge in interest could be an indication that XRP will become a valuable asset in the future.<h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Conclusion</h2>After settling the legal case with the SEC, XRP no longer faces major obstacles that have hampered its growth.&nbsp;With a significant surge in trading volume and increasing interest from investors, XRP is now showing a strong bullish trend and is predicted to reach $1 in the near future.&nbsp;Crypto investors seem increasingly convinced that XRP could become one of the most profitable assets in the crypto market today.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy/?content_id=news&amp;cn=400001">Complete Guide How to Buy Crypto on Bittime</a>.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001">&nbsp;of Bitcoin (BTC) price</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SOL),</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

XRP Trading Volume Skyrockets 235% in a Day.

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XRP Trading Volume Skyrockets 235% in a Day.webp

Bitcoin's trading volume is 2.8 times that of Ethereum. Read this article to find out more!

Crypto Markets Are Sluggish, Bitcoin is Still the Favorite 

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Bitcoin Trading Volume.webp

Crypto Markets are Sluggish, Bitcoin is Still the Favorite Among Investors! 

Bitcoin exchange-traded fund (ETF) trading volume surged past $1.3 billion. Read the news here!

Hunting BTC with Discount, Bitcoin ETF Trading Volume Soars To $1.3 Billion 

<img src="https://static.bittime.com/cms-static/upload/Perburuan_BTC_dengan_Diskon_Volume_Perdagangan_Bitcoin_ETF_Melonjak_Hingga_1_3_Miliar_1_2a2b65a62a.png" alt="Perburuan BTC dengan Diskon, Volume Perdagangan Bitcoin ETF Melonjak Hingga $1,3 Miliar" width="1024" height="576"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> - Bitcoin exchange-traded fund (ETF) trading volume surged past $1.3 billion. This spike comes amid a recent decline in Bitcoin prices, indicating that investors may see this as a buying opportunity.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.7999999999999998;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">Trading Volume Bitcoin ETF Breaks Records&nbsp;</h2>Trading volume for Bitcoin Exchange-Traded Funds (ETFs) has surged past the $1.3 billion mark, highlighting growing interest from investors looking to take advantage of current market conditions.&nbsp;As Bitcoin prices continue to remain below previous highs, market participants are increasingly turning to ETFs as an easier and more regulated way to gain exposure to this cryptocurrency. This significant trading activity underscores the strong demand for Bitcoin, despite being amidst a period of market volatility.<h2 style="line-height:1.7999999999999998;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">Investors Scramble for Discount Bitcoin&nbsp;</h2>The large trading volume indicates that investors are actively accumulating Bitcoin via ETFs. This trend could be due to the perception that the current price decline is a profitable entry point for long-term investors.&nbsp;The decline in Bitcoin prices may attract the interest of investors who were previously waiting for the right moment to invest.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_staking_coin_8abe277d88.webp" alt="banner staking coin.webp" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">Net Fund Flow to Bitcoin ETF&nbsp;</h2>Despite positive trading volume news, it is important to consider the net fund flow into the Bitcoin ETF. Net fund flow represents the difference between the money invested in a fund and the money withdrawn by investors.&nbsp;If net fund flows are positive, this indicates that more money is flowing into the fund than out. Unfortunately, this article does not explicitly mention net cash flow figures.<h2 style="line-height:1.7999999999999998;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">Potential Impact of A Recession on Digital Assets&nbsp;<meta charset="utf-8"></h2>It is important to acknowledge the broader economic climate, especially the threat of an approaching recession. A recession could lead to outflows from digital asset investment products, including Bitcoin ETFs. Investors may become more cautious in the face of an economic downturn, prompting them to withdraw their funds from volatile assets such as Bitcoin.Read also: <a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en/blog/arus-masuk-etf">Bitcoin and Ethereum ETF Inflows Positive, US Economy Strong</a><h2 style="line-height:1.7999999999999998;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">Conclusion</h2>The recent surge in Bitcoin ETF trading volume to exceed $1.3 billion is a clear indication of growing interest in cryptocurrency investments, even amidst market uncertainty.&nbsp;As investors flock to take advantage of discounted Bitcoin prices, the role of ETFs in the cryptocurrency ecosystem is expected to continue to expand, providing more opportunities for diversified and regulated investment strategies in the future.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy/?content_id=news&amp;cn=400001">Complete Guide How to Buy Crypto on Bittime</a>.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001">&nbsp;of Bitcoin (BTC) price</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SOL),</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

Perburuan BTC dengan Diskon, Volume Perdagangan Bitcoin ETF Melonjak Hingga $1,3 Miliar

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Perburuan BTC dengan Diskon, Volume Perdagangan Bitcoin ETF Melonjak Hingga $1,3 Miliar  (1).png

The trading volume of the US Bitcoin ETF has been stagnant since May. Read this article for more news!

US Bitcoin ETF Trading Volume

XRP Trading Volume Skyrockets 235% in a Day

Crypto Markets are Sluggish, Bitcoin is Still the Favorite Among Investors!

Hunting BTC with Discount, Bitcoin ETF Trading Volume Soars To $1.3 Billion

US Bitcoin ETF Daily Trading Volume Stagnant Since May!