Bitcoin (BTC)Crypto NewsRipple (XRP)

Bitcoin Tests $21K as Ripple Explodes 14% in 24 Hours (Market Watch)

                                                            Nach der jüngsten Volatilität gelang es Bitcoin, sich über 20.000 $ zu halten und stieg sogar in Richtung 21.000 $.  Auch die Altcoins haben in den letzten 24 Stunden einige beeindruckende Gewinne verzeichnet, wobei XRP das Rennen anführt.

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Bitcoin Eyes $21,000

After the massive correction For the past week, culminating in an 18-month low at $17,500 on Sunday, the bulls have been trying to regain some of BTC’s lost ground.

This led to a jump to $21,500 a few days ago. However, Bitcoin failed there, even falling below $20,000 after Jerome Powell – the Federal Reserve Chairman – reiterated the central bank’s plans to raise interest rates in desperate attempts to stem the skyrocketing inflation to increase further.

Nonetheless, BTC quickly rallied on its ride below $20,000 and surged above it yesterday. The past 24 hours brought another leg up and the asset is currently inches away from $21,000. As a result, his market capitalization again approached the $400 billion mark, but its dominance has slipped below 43%.
BTCUSD. TradingView

Notable bitcoin news

Binance CEO believes Bitcoin will eventually become a new all-time high of over $69,000, but it could take up to two years to reach that.

Legendary veteran investor Mark Mobius called Bitcoin a “leading indicator” that the Dow Jones and other stock market indices follow.

The US arm of the world’s largest exchange – Binance US – started offering no trading fees for BTC spot pairs.

XRP stands out

Most alternative coins continue their attempts to recoup some of the recent losses.

Ethereum has been struggling with $1,100 for several days but appears well above it now after another daily gain of 4.5%.

BNB has hit a multi-day high at just above $230 after the price rose 3.3% in a single day. Cardano, Solana and polka dots have increased by similar percentages to $0.5, $38 and $8, respectively.

After a new BTC bridge was announced yesterday, Avalanche is up 9% and nearing the $20 mark.

Nonetheless, Ripple’s native token stands out as the most impressive winner among the larger cap alternatives. XRP is up over 13% and is now trading at $0.37.

MATIC has risen by double digits again after stealing the show yesterday. OKB, ATOMNEAR, XLM, ALGO, XMRTHETA and AXS have also seen notable increases. Crypto market cap has increased by $30 billion and is close to $950 billion.
Bitcoin Tests $21K as Ripple Explodes 14% in 24 Hours (Market Watch), Crypto Trading NewsOverview of the cryptocurrency market. Quantify Crypto

Altcoin/Industry News

The recent hack against cross-chain bridges exploited Harmony’s Horizon, stealing over $100 million worth of ETH.

The global e-commerce giant – eBay – is betting on its NFT-Continue efforts and buy such a marketplace – KnownOrigin.

Philip Hammond – a former British Chancellor – remarked that the Kingdom cryptocurrency and its underlying technology should adopt in order to remain close to other nations.

Source: Crypto News Deutsch

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