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Browsing: Crypto
Ripple (XRP) price surged by 5.32% to $1.15 in a technical relief rally, driven by a beta-driven rebound as the crypto market stabilised after a sharp sell-off.
The crypto market capitalisation plunged to $2.1 trillion over 24 hours, primarily driven by a massive cascade of liquidations that amplified selling pressure.
Ripple (XRP) price is down 7.04% in 24 hours to $1.15, underperforming a broader market sell-off primarily driven by a wave of forced selling from leveraged long positions.
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Ripple (XRP) price climbed to $1.47, a breakout on high volume, backed by regulatory hopes. The altcoin outperforms flat Bitcoin, driven by regulatory optimism.
Ripple (XRP) price rose to $1.42 from $1.39, buoyed by crypto investors’ optimism after UBS disclosed an investment in Ripple’s token in its regulatory filing.
Bitcoin (BTC) price is up 0.65% to $80,391.92, moving in line with a broader market that gained 1.09% amid US job growth that beat and dimmed geopolitical tensions.
XRP rose slightly on Friday as investors returned to position amidst X’s strategic decision to integrate Ripple’s live price charts for tracking movement. Trading data showed XRP gained 0.34% to settle at $1.39, following earlier reported profit-taking by retail investors in the crypto market.
Bitcoin (BTCUSD) has extended its rally, with the price up about 2% to $81,483.36 on Wednesday, slightly outpacing the broader market, which rose 0.91%.
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