The total volume of all cryptocurrency trading as tracked by market metrics leader Coinmarketcap hit a 300-day high Tuesday, reaching $33.85 billion, the most observed in 10 months. But, the data hints that there may be more nuance at work than simply a market-wide surge; a large majority of yesterday’s trading volume came from the 10 largest cryptocurrencies by market cap. The aggregate trade volume from the top 10 alone was roughly $30 billion, or 88 percent of all trading volume seen Tuesday. Bitcoin (BTC) and tether (USDT) recorded 24-hour trade volumes above $9 billion, each accounting for roughly 27 percent of the 24-hour total. Trading volumes are off to another strong start today, recording $29.8 billion at press time. Since the beginning of the week, $96.9 billion in total has been traded, which is already 68 percent of the volume recorded in the prior week, which at the time was a near nine-month high.