Bitcoin (BTC)Crypto NewsRipple (XRP)

Ripple Explodes 22% Daily, Bitcoin Stays at $19,000 (Market Watch)

                                                            Nachdem Bitcoin gestern ein neues Dreimonatstief markiert hatte, ging es in die Offensive und eroberte 19.000 $ zurück.

Most altcoins are also slightly in the green today. Ripple, on the other hand, is the best performer this week with a massive 60% surge. In the last 24 hours alone, the asset is up more than 20%.

XRP takes the stage

The alternative coins had some pretty turbulent trading days, especially after the US Federal Reserve hiked interest rates by 75 basis points.

Ethereum, which has underperformed since last week’s merger, fell to a multi-month low of around $1,200. However, it started to appreciate fairly quickly and bounced back above $1,300. Another 4% surge in the past 24 hours has propelled ETH to $1,330 so far.

binance Coin, CardanoSolana, Dogecoin, polka dots, Shiba Inu, MATIC and Tron are also slightly in the green versus the large-cap alternatives.

However, Ripples continues to steal the show. the native cryptocurrency has skyrocketed another 22% to over $0.5 in the last 24 hours. The asset has added over 60% in value weekly.

XLMCRO, ALGOXCN, and CHZ are all up double-digit percentages from the low-cap alternatives.

The Cryptomarket capitalization is nearly $950 billion after a daily increase of $20 billion.
Ripple Explodes 22% Daily, Bitcoin Stays at $19,000 (Market Watch), Crypto Trading NewsOverview of the cryptocurrency market. Quantify Crypto

Bitcoin goes back to $19,000

The primary cryptocurrency has also been negatively impacted by the actions of the US Federal Reserve. It traded at $19,000 and jumped to $20,000 ahead of the central bank’s announcement.

In a few minutes, however, the asset is crashed by nearly $2,000. As such, it marked a fresh three-month low of just over $18,000.

Despite this, the bulls stepped up at that moment and pushed BTC north. It reached $19,000 yesterday but went to $19,500 earlier today. So far it has retreated a few hundred dollars but is still above $19,000.

Its market cap is back below $370 billion and its dominance over altcoins has taken another plunge to 39%.
Ripple Explodes 22% Daily, Bitcoin Stays at $19,000 (Market Watch), Crypto Trading NewsBTCUSD. TradingView

Source: Crypto News Deutsch

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button