Bitcoin (BTC)Crypto NewsRipple (XRP)

XRP Surges 8%, Bitcoin Stops Before $17,000 (Market Watch)

                                                            Bitcoin versuchte sich daran, 17.000 $ zu gewinnen, wurde aber wie bei den meisten seiner früheren Versuche gestoppt.

Most altcoins are showing modest losses today, with the ETH slips below $1,200. XRP however, stole the show with a remarkable daily increase of 8%.

Bitcoin fails before $17,000

After an uncharacteristically quiet weekend that saw Bitcoin hover around $16,500 for most of the day, the asset headed straight south on Monday and Tuesday, initially falling to $16,000 before plunging to a two-year low of $15,500.

It reacted to the multi-year bottom fairly immediately and rallied nearly $1,000 in the hours that followed. This resulted in $16,000 being reclaimed and even heading towards $17,000.

However, the bears came out to play yesterday as BTC marched down the latter. Hence, they prevented the asset from getting too close and pushed it back to $16,500 where it is also now trading.

His market capitalization has stayed above $315 billion, but its dominance over the alts has dropped to 38.2%.

Although BTC is about 75% of its all-time high marked last November, some on-chain analysts warned that BTC could go further south, at least according to UTXO.
XRP Surges 8%, Bitcoin Stops Before $17,000 (Market Watch), Crypto Trading NewsBTCUSD. TradingView

Ripple rockets

The alternative coins have seen some significant gains of late, but most have now turned red. Ethereum surged from under $1,100 to over $1,200 in a matter of days. However, now ETH is struggling below the latter after a minor daily retracement.

BinanceCoin, Cardano, polygon, polka dots, Shiba InuOKB and Solana are also slightly down on the large-cap alternatives. LEO is down over 8%. Even Litecoin is down 3.5% on the day after recently hitting a six-month high.

Ripple, on the other hand, has emerged as today’s top performer. XRP is up almost 8% to hit $40.

With most small and mid-cap altcoins losing small chunks of value over the past 24 hours, the cumulative market cap of all crypto assets has fallen by about $10 billion to just under $840 billion.
XRP Surges 8%, Bitcoin Stops Before $17,000 (Market Watch), Crypto Trading NewsOverview of the cryptocurrency market. Quantify Crypto

Source: Crypto News Deutsch

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