NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

Crypto Trading Volume Hits 9 Month High at $34 Billion

Martin Young
Martin Young
6 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Market Wrap

Crypto markets still rallying; EOS and BCH running away with it, Cardano, Dash and ETC performing well.

The big crypto rally which began with Ethereum yesterday has continued today where a different top performer has emerged. Total market capitalization reached a high of $134 billion as a further $9 billion was added to yesterday’s pump.

Daily volume has not been over $34 billion since late April 2018 according to Coinmarketcap. This marks a huge 9 month milestone in crypto trading volumes and some analysts have predicted the beginning of what they term as ‘altcoin season’ where market cap for them alone reaches a pivotal resistance point on the long down trend line.

Bitcoin has approached key resistance at $4,000 before pulling back to current levels around $3,920. This represents a 5% gain on yesterday’s levels where BTC reached $3,750. Bitcoin has run out of steam in previous recent two-day rallies so it is not expected to break resistance.

Ethereum has extended its lead over XRP by adding another 7% on the day to reach $147. The gap between the two is now just over $2 billion as Ripple’s token faces possible competition from JP Morgan’s new stablecoin. XRP added 5% on the day to reach $0.324.

Today’s top ten champion is EOS which surged 30% before pulling back to current levels around $3.60. It has raced past Litecoin and retaken fourth place with a clear margin of nearly $400 million. EOS volume pumped to over $2.3 billion pushing the token to a three month high. Bitcoin Cash is also performing well during the day’s Asian trading session as it adds double digits and approaches $150.

The top twenty is showing a more balanced round of gains with Cardano, Dash and Ethereum Classic leading the group here making over 8% since the same time yesterday. The rest are showing solid improvements from low levels over the past 30 days.

Aside from EOS and BCH, big fomo is also going to Mixin at the moment pumping 17%. Holo is also getting a big hit with a 15% jump on the day. EOS is the top one hundred’s top performer though. Predictably yesterday’s pump is dumping today as WAX sheds 16% and Quant is not far behind dropping 9%.

Total crypto market capitalization has increased by 6.4% on the day and is currently just below $133 billion. The $8 billion injection is significant but the increase in daily volume to a nine month high of $34 billion could be signs of a continuation of this rally and possible trend reversal.

Market Wrap is a section that takes a daily look at the top 20 cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals

Tweet123Share196ShareSend
Martin Young
Martin Young

Martin Young

Martin is a Southeast Asia based info-tech, cyber security, and cryptocurrency analyst with 20 years working in web technology and media.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin

$50 Million Injection: Here’s Why The Dogecoin Price Could See An Explosive Rally

The Dogecoin price has received a major boost following House of Doge’s announcement of its plans to list on the...

Scott Matherson 6 hours ago
Bitcoin Test Golden Cross Na Crypto Crash - Grootste Kans 2025

Bitcoin vs Goud koers patroon – gaat BTC hetzelfde pad volgen richting ATH

De discussie over de rol van Bitcoin als “digitaal goud” is weer opgelaaid, ditmaal dankzij een opvallende vergelijking van crypto...

Lars Diederiksen 6 hours ago

Trump vs Chine : le tarif choc fait vaciller le marché avec 200 Mds $ évaporés

L’annonce d’un tarif de 100 % sur les importations chinoises a suffi à raviver la guerre commerciale et à faire...

evanss 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

pret xrp

Se pregătește prețul XRP de o revenire sau urmează o nouă corecție?

antonio 3 hours ago
Inflation reportée au 24 oct. pour cause de shutdown : altseason repoussée ?

Les chiffres de l’inflation reportés au 24 octobre à cause du shutdown, altseason repoussée ?

guillaumev 4 hours ago
Crypto Blockchain Industries (CBI) : décryptage du nouveau contrat de liquidité — mécanisme et effets

Crypto Blockchain Industries (CBI) : décryptage du nouveau contrat de liquidité

evanss 5 hours ago

Premium Sponsors

Press Releases

  • ChatGPT-5 predpovedá, že táto minca z teba môže urobiť milionára

    ChatGPT-5 predpovedá, že táto minca z teba môže...

    4 hours ago
  • ChatGPT-5 szerint ez az érme milliomost csinálhat belőled

    ChatGPT-5 szerint ez az érme milliomost csinálhat...

    5 hours ago
  • ChatGPT-5 předpovídá, že tato mince z vás může...

    5 hours ago
  • ChatGPT-5 przewiduje, że ta moneta może uczynić Cię milionerem

    ChatGPT-5 przewiduje, że ta moneta może uczynić Cię...

    6 hours ago
  • Why Meme Coins are the Best Bets in Q4

    Meme coin tiềm năng nên mua để đạt lợi nhuận...

    7 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.