Bitcoin/Ripple Market Sets Daily Volume Record

Is Ripple riding on the coattails of Bitcoin's sudden rise to fame, or is its popularity a result of the recent press release regarding some high profile investors?

Either way, today was a big day for the Ripple (XRP) market. Over 300 Bitcoins worth of Ripples were traded on the distributed exchange, blowing the previous record of 92 out of the water, and the day isn't over yet.

Courtesy of RippleCharts.com

Total USD inside the Ripple network was hovering around $80,000 today, while total BTC was around 1300.

Ripples were trading for between 25,000 and 40,000 to the Bitcoin.

Posted in: ripple