{"id":44835,"date":"2023-02-06T11:02:15","date_gmt":"2023-02-06T15:02:15","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=44835"},"modified":"2023-02-06T11:02:18","modified_gmt":"2023-02-06T15:02:18","slug":"tether-overtakes-bitcoin-as-most-traded-cryptocurrency-in-january","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/tether-overtakes-bitcoin-as-most-traded-cryptocurrency-in-january\/","title":{"rendered":"Tether overtakes Bitcoin as most traded cryptocurrency in January"},"content":{"rendered":"\n
Tether trade volume increased from $603.6 billion to $977.1 billion between December 2022 and January 2023, representing a 61% increase.<\/a><\/h5>\n\n\n\n
\"Tether
Tether overtakes Bitcoin as most traded cryptocurrency in January<\/figcaption><\/figure>\n\n\n\n

According to a study that Bitcoin Casinos carried out, Tether <\/a>is presently the cryptocurrency that is being traded the most around the world. Its value has increased by 61% in the past month.<\/p>\n\n\n\n

Following the meltdown in the cryptocurrency market in the latter half of 2022, the sector saw a significant increase in cryptocurrency values during the first few months of this year. The monthly amount of money traded in Bitcoin surged by 126% and surpassed $23,000 for the first time in the last six months.<\/p>\n\n\n\n

Bitcoin Casinos, a US-based online gaming platform, focused on data acquired between December 2022 and January 31 of this year. Tether is currently the most actively traded digital coin\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> in the world. Between the months of December 2022 and January 2023, its trade volume surged by 61%, from $603.6 billion to $977.1 billion.<\/p>\n\n\n\n

Meanwhile, Bitcoin ranked second, with its monthly trading volume increasing by 126% to start the year on a high note. This aided Bitcoin's rise to second place. The previous month's trade volume of Bitcoin<\/a>, the world's largest and most expensive cryptocurrency, reached $950.6 billion, up from $420.1 billion in December.<\/p>\n\n\n\n

Binance USD, Ethereum and Cryptonex complete the top five with their monthly trading volume hitting $319.9 billion, $288.2 billion and $179.4 billion respectively as of January 31.<\/p>\n\n\n\n

Completing the top 10 are USD coin ($133.9 billion), Aptos ($84.4 billion), XRP ($42 billion), Shiba Inu ($34.8 billion) and WETH ($32.3 billion).<\/use><\/svg><\/span><\/a><\/use><\/svg><\/span><\/a><\/use><\/svg><\/span><\/a><\/use><\/svg><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tether trade volume increased from $603.6 billion to $977.1 billion between December 2022 and January 2023, representing a 61% increase. According to a study that Bitcoin Casinos carried out, Tether is presently the cryptocurrency that is being traded the most around the world. Its value has increased by 61% in the past month. Following the […]<\/p>\n","protected":false},"author":38,"featured_media":44839,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[152,1103],"class_list":["post-44835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-tether"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/tettehsusdc.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/44835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=44835"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/44835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/44839"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=44835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=44835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=44835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}