XRP gains outpace rest of crypto amid frenzied South Korean trading – DL News
- Cryptocurrency prices declined on Tuesday.
- XRP is the only major crypto that’s up in the last 24 hours.
- Polymarket bettors have flipped bullish on XRP.
XRP is outshining peers thanks to a boom in trading on South Korean exchanges. Tuesday’s crypto market hangover has seen almost every single major cryptocurrency retracing slightly in the last 24 hours, except for XRP.
The token designed by Ripple’s founders to facilitate cross-border transactions is up 4% on Tuesday.
On Upbit, South Korea’s biggest crypto exchange, XRP trading volume has exceeded $1 billion over the last 24 hours, more than Bitcoin and Ethereum volume on the platform combined, CoinGecko data shows.
A measure known as cumulative volume delta, which tracks whether…
