Altcoin trading volume is off its first-half highs. Here’s what it will take to get it back


Source: cnbc.com cnbc.com

Key Topics in this News Article:

News Snapshot:

Altcoin trading is limping along, despite initially getting a boost from a key July court ruling that gave Ripple a partial victory over the Securities and Exchange Commission. Altcoin trade volume — which excludes bitcoin, ether and Ripple's XRP — has struggled to reclaim pre-May levels, according to crypto data firm Kaiko. The Ripple ruling came July 13 and fueled a sharp, broad crypto market rally as it gave investors hope that if XRP may not always be deemed a security, then the same may apply to altcoins. That "marginal" risk reduction is reflected in the bitcoin dominance , a...