XRP trading volumes on major South Korean exchanges have surpassed those of bitcoin and ether, signaling heightened interest and potential price volatility. The total trading volume against the won on UpBit, Bithumb, and Korbit reached over $800 million in the past 24 hours. XRP saw over $200 million in volumes on Bithumb and $600 million on UpBit, with bitcoin trading volumes less than half of those on both exchanges. The surge in trading volume could indicate speculative positions and anticipation of significant developments in the market. South Korean traders have been known to fuel rallies and influence prices, and XRP has become a popular token among them. The increase in volume comes as a South Korean court issued an arrest warrant for President Yoon Suk Yeol, potentially impacting the market further.



Other News from Today