XRPs sharp rally has drawn leveraged traders back into the derivatives market, increasing the risk of heightened volatility as the cryptocurrency begins to retreat from recent gains. XRP surged about 44% over the past week, outperforming many major cryptocurrencies. According to CryptoQuant data, the estimated XRP leverage ratio on Binance has climbed to roughly 0.21, […]
Category: News
Crypto market sentiment has rapidly shifted from fear to greed as Bitcoins strong rally and sharp gains across altcoins revive investor appetite for risk. The Crypto Fear Greed Index climbed to 74 on Tuesday, a dramatic increase from 27 on Aug. 12, before slipping to 65 on Wednesday. The index had remained in fear territory […]
Bitcoin slipped toward $79,000 during Asian trading on Wednesday as investors locked in profits following a powerful week-long rally that pushed the worlds largest cryptocurrency up about 23%. Bitcoin fell nearly 1% on the day, while several major altcoins recorded steeper losses. XRP led the decline, dropping more than 4% to just above $1.44. Despite […]