Bitcoin book trading almost halved, Ethereum decreased by 43% in one month
CoinMarketCap data shows that Tether represents the most important currency in the cryptographic space, with a monthly trading volume of $ 1.48 billion in July, the same as in June. But, its market capitalization fell last month’s lowest to $ 61.8 billion, compared to $ 62.4 billion on the first day of July.
Other major cryptocurrencies have witnessed significant falls in their 30-day trading volumes. In July, the price of the world’s most expensive cryptocurrency, Bitcoin, jumped 26% to $ 41,963 last week. However, the core cryptocurrency trading volume has nearly halved in the past 30 days, falling from $ 1.2 trillion in June to $ 642.7 billion in July.
Ethereum also witnessed a significant decline, with its monthly profit falling 43% to $ 505.9 billion in July. However, its market capitalization has increased by almost 30% during this period, from $ 237.8 billion to $ 303.5 billion.
The EOS, which was the fourth brand to be branded in June, did not make the top 10 list last month. Statistics showed its fall fell 92% compared to June, falling from a $ 288.9 billion fall to just $ 21 billion.
Although it fell 25% to $ 194.4 billion in July, Dogecoin’s position continued to rise to fourth place globally. Balance USD completed the top five list with $ 125.2 billion in monthly trading.
PlayDapp and WITH trading volume in July
Statistical indicators show significant changes in the other half of the list. Polygon, Bitcoin Cash, Chain-link, and Stellar, who witnessed impressive trading in June, also failed to make the top ten list previously.
The XRP transaction, the ninth encryption transaction in June, dropped 53% to $76.7 billion. Still, the actual cryptocurrency for products developed by Ripple Labs is slated to be the seventh-largest encryption market in July.
CoinMarketCap data shows that, compared to June, two new cryptos have entered the most shared lists. With $92.8 billion in monthly sales, PlayDapp ranked sixth on the list of most popular platforms. In addition, the data shows that the price of the brand used in the PlayDapp Blockchain gaming ecosystem to buy and sell NFT content in games increased by 233% in this period, jumping from $0.1681 to $0.5608. WITH, or Wrapped Ethereum, ranks seventh on the list, with $61.7 billion in sales in 30 days.
USD Coin and Ethereum Classic are closing at the top of the list, with $55.8 billion and $52.7 billion in total transactions each month.