RATE Group | XRP shoots to the moon, Bitcoin and Ethereum are left behind
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XRP shoots to the moon, Bitcoin and Ethereum are left behind

XRP shoots to the moon, Bitcoin and Ethereum are left behind

  • The digital assets have been sidelined during Tuesday trading hours.
  • The recent report confirms the growing activity of the crypto exchanges.
  • Bitcoin stays below $8,000, XRP jumped above $0.2000.

The cryptocurrency market is a mixed picture on Tuesday. Bitcoin entered a consolidation phase after a retreat from the new April’s high $7,800; major altcoins are losing ground amid low trading activity. The total capitalization of all digital assets in circulation settled at $221 billion, slightly higher from this time on Sunday, April 26, while an average daily trading volume reached $141 billion. 

The activity of cryptocurrency exchanges is on the rise

The volume of the direct transactions between cryptocurrency exchanges doubled in the first quarter of 2020 as compared to the similar period of 2019. Within the reporting period, the exchanges transacted Bitcoins worth $15 billion against $8.2 billion in Q1 2019, according to the recent report, provided by…

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