XRP, the sixth largest crypto asset by market capitalization has surged by 24.1% in the last 24 hours following the announcement of Gary Gensler’s stepping down from office.
XRP faced strong selling pressure after reaching a three-year high of $1.26, amid profit-taking.
XRP oscillated near the $0.548 level after significant upticks in Sunday’s trading session.
Ripple’s XRP is now the fourth largest cryptocurrency by market cap following Ripple Labs’ partial victory over the Securities and Exchange Commission (SEC) on July 13.
The cryptocurrency space in June, saw it post a bullish performance, due to the institutional interest in the crypto space seen in June.
Navigating the crypto investment landscape requires a keen eye for promising opportunities that hold the potential to turbocharge your portfolio's growth.
Cryptocurrency market experienced a bearish trend in May 2023 due to expected US government debt increase and liquidity withdrawal from the market.
The cryptocurrency market posted a bullish performance in March despite regulatory and market FUD, with Bitcoin gaining 23.03%, Ethereum remaining the largest smart contract platform, and XRP hitting a 10-month high.
Blockchain watchdog, Whale Alert said that Kraken, a cryptocurrency exchange, transferred XRP worth roughly $161.2 million to an unidentified wallet.
With the current bullish trend seen in the market, here is a look at 5 cryptocurrencies investors should watch out for in August 2022.
Global markets were risk-averse, driving the crypto market value to $1.2 trillion amid significant sell-offs seen in most digital assets.
The sixth most valuable crypto by market value is enjoying decent price gains amid sell offs notably seen among many altcoins.
