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Markets and prices
The five most traded cryptocurrency markets recorded an increase in volume in December, compared to the previous month. Despite the peak of trading activity on the dominant markets, many cryptographic assets ranked below the top five saw a decline in the monthly volume.
Read also: Report: Updates from the Indian Government Progress on Crypto Regulation
The USDT and Top Altcoin markets see volume increase
<img class = "alignright size-medium wp-image-269021″ title=”December volume report: the main markets show the strongest exchanges of H2 2018″ src=”https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_1040879383-1-300×188.jpg” alt=”December volume report: the main markets see the strongest exchange of H2 2018 "width =" 300 "height =" 188 "srcset =" https://news.bitcoin.com/wp-content/uploads/2019/01 / shutterstock_1040879383-1- 300×188.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_1040879383-1-768×480.jpg 768w, https://news.bitcoin.com/wp -content / uploads / 2019/01 / shutterstock_1040879383-1-696×435.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_1040879383-1-672×420.jpg 672w, https: / /news.bitcoin. it / wp-content / uploads / 2019/01 / shutterstock_1040879383-1.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>BTC saw a slight increase in volume in December, with a commercial value of $ 157.2 billion, compared to $ 156.5 billion in November. As such, BTC has released its strongest volume since May.
Tether (USDT) continued to record a monthly volume increase over the previous month, probably due to the increase in altcoin trading that has occurred in recent months. The month of December saw a change of USD $ 115.7 billion, an increase of about 8.5% over last month and a 66% increase over the October volume. The month last month was the strongest trading month in the second half of 2018.
$ 68.2 billion of Ethereum (ETH) were traded in December, up 16% month on month and 65.5% from October. ETH also published the strongest volume for the second half of 2018.
The XRP sees a decline in volume
<img class = "alignright size-medium wp-image-269025″ title=”December volume report: the main markets show the strongest exchanges of H2 2018″ src=”https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_783958297-3-300×169.jpg” alt=”December volume report: the main markets show the strongest exchange of H2 2018 "width =" 300 "height =" 169 "srcset =" https://news.bitcoin.com/wp-content/uploads/2019/01 / shutterstock_783958297-3- 300×169.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_783958297-3-768×432.jpg 768w, https://news.bitcoin.com/wp -content / uploads / 2019/01 / shutterstock_783958297-3-696×392.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_783958297-3-746×420.jpg 746w, https: / /news.bitcoin. it / wp-content / uploads / 2019/01 / shutterstock_783958297-3.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>Eos (EOS) was the fourth cryptocurrency traded in the last month, with a volume of 30.3 billion dollars, the strongest since June. EOS saw a slight increase in commercial activity month on month, gaining 4.5% compared to 24.2 billion in November.
Ripple (XRP) was among the few major altcoin markets to see a reduction in monthly commercial activity in December, with almost $ 17.3 billion in exchange for XRP. Despite the 21% month-over-month volume drop, December produced the second strongest 30-day volume for XRP pairings in the second half of 2018.
Litecoin (LTC) maintained its sixth-ranking cryptocurrency position by monthly volume, producing $ 13.2 billion of exchanges in December. LTC recorded a slight increase compared to $ 13 billion in November, making December the strongest trading month for the second half of the year.
BCH and ETC See the recession in the monthly volume
<img class = "alignright size-medium wp-image-269031″ title=”December volume report: the main markets show the strongest exchanges of H2 2018″ src=”https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_739537123-2-300×200.jpg” alt=”December volume report: the main markets show the strongest exchange of H2 2018 "width =" 300 "height =" 200 "srcset =" https://news.bitcoin.com/wp-content/uploads/2019/01 / shutterstock_739537123-2- 300×200.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_739537123-2-768×512.jpg 768w, https://news.bitcoin.com/wp -content / uploads / 2019/01 / shutterstock_739537123-2-696×464.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_739537123-2-630×420.jpg 630w, https: / /news.bitcoin. it / wp-content / uploads / 2019/01 / shutterstock_739537123-2.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>Bitcoin Cash (BCH), which was the seventh cryptocurrency traded last month, released its second weakest monthly volume for 2018 in December with $ 9.87 billion trading. The 30-day volume decreased 38% from $ 13.6 billion in November, bringing the BCH to its lowest position by monthly volume for 2018.
In December, Qtum (QTUM) was ranked eighth for the 30-day volume, ranking in the top 10 for the first time since June. The QTUM coupling generated trade for around $ 4.4 billion for the second consecutive month in December.
Ethereum Classic (ETC) was the ninth cryptocurrency traded in December, including its weakest position since May. ETC couplings produced around $ 4.23, down 20% from $ 5.27 billion in November.
Dash maintains the position in the Top 10
<img class = "alignright size-medium wp-image-269034″ title=”December volume report: the main markets show the strongest exchanges of H2 2018″ src=”https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_679841932-1-300×200.jpg” alt=”December volume report: the main markets show the strongest exchange of H2 2018 "width =" 300 "height =" 200 "srcset =" https://news.bitcoin.com/wp-content/uploads/2019/01 / shutterstock_679841932-1- 300×200.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_679841932-1-768×512.jpg 768w, https://news.bitcoin.com/wp -content / uploads / 2019/01 / shutterstock_679841932-1-696×464.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_679841932-1-630×420.jpg 630w, https: / /news.bitcoin. it / wp-content / uploads / 2019/01 / shutterstock_679841932-1.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>Dash (DASH) ended the month as a 10-day cryptocurrency based on the 30-day volume, ranking in the top 10 for the entire second half of 2018. Dash produced $ 4.09 billion in exchanges in December, a drop of 21% month on month.
Zcash (ZEC) rose two ranks by monthly volume, finishing 11th place with $ 3.78 billion in exchange for ZEC in the last 30 days. Despite the rise in the rankings, the total commercial activity for the ZEC pairings fell by 7.5%
The Bitcoin SV (BSV) association produced $ 3.74 billion worth of exchanges in December, shifting it from the 14th to the 12th for a 30-day volume. BS recorded a 14.5% increase in business compared to $ 3.27 billion in November.
NEO, XLM and TRX See Increase of commercial activity
<img class = "alignright size-medium wp-image-269037″ title=”December volume report: the main markets show the strongest exchanges of H2 2018″ src=”https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_1110634118-1-300×200.jpg” alt=”December volume report: the main markets see the strongest exchange of H2 2018 "width =" 300 "height =" 200 "srcset =" https://news.bitcoin.com/wp-content/uploads/2019/01 / shutterstock_1110634118-1- 300×200.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_1110634118-1-768×512.jpg 768w, https://news.bitcoin.com/wp -content / uploads / 2019/01 / shutterstock_1110634118-1-696×464.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_1110634118-1-630×420.jpg 630w, https: / /news.bitcoin. it / wp-content / uploads / 2019/01 / shutterstock_1110634118-1.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>The month of December saw Neo (NEO) include the 13th most popular cryptocurrency after two consecutive months of ranking in the top 10. NEO $ 3.73 billion changed hands last month, a decrease of 33% compared to $ 5 , 57 billion last month.
Stellar (XLM) saw a significant increase in commercial activity in December, climbing a position to classify itself as the cryptocurrency of the 14th market. The XLM value of $ 3.29 has been trading in the last 30 days, the strongest trading month for the second half of 2018 and a 20% increase compared to $ 2.74 billion in November.
Tron couplings (TRX) produced $ 2.97 billion in exchanges last month, classifying it as the 15th market cryptocurrency. TRX saw an increase of about 23% in the 30-day volume compared to $ 2.42 billion last month.
Stablecoins More and more crowd ranking in the volume
<img class = "alignright size-medium wp-image-269039″ title=”December volume report: the main markets show the strongest exchanges of H2 2018″ src=”https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_1141828694-300×200.jpg” alt=”December volume report: the main markets see the strongest exchange of H2 2018 "width =" 300 "height =" 200 "srcset =" https://news.bitcoin.com/wp-content/uploads/2019/01 / shutterstock_1141828694-300×200. jpg 300w, https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_1141828694-768×512.jpg 768w, https://news.bitcoin.com/wp-content/uploads/2019/01/ shutterstock_1141828694-696×464.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2019/01/shutterstock_1141828694-630×420.jpg 630w, https://news.bitcoin.com/wp-content/uploads/ 2019/01 / shutterstock_1141828694.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>Pairings for Ck Usd (CKUSD), a stablecoin traded exclusively on Allcoin and Bcex, produced $ 2.11 billion in volume in December. CKUSD was ranked as the cryptographic resource for the 16th most traded in December, falling five points after recording a reduction of 37% in the 30-day volume.
The standard Paxos token (PAX) ranked 17th in the month in December, producing $ 2.03 billion in the last 30 days. PAX has recorded an increase of about 32% of commercial activity month after month.
Trueusd (TUSD) maintained its position as the 18th most popular cryptography asset in December, with the TUSD pair generating $ 1.44 billion in trade. TUSD's business activity increased by about 45% compared to $ 995.5 million in November.
Token BIT-Z (BZ), an internal token exchanged with the Bit-Z exchange, ranked for the first time ever among the most frequently exchanged cryptocurrencies during the month of December, placing the 19th with a volume of 30 days of $ 1 , 02 billion.
Waves (WAVES) has also positioned itself as a high-level cryptocurrency in terms of trading volume in December, ranking in 20th place with almost $ 920 million of Waves passing by.
Do you think we will see a continuous increase in the volume of exchanges in 2019? Share your prospects for the markets in the comments section below!
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