By Jordan Lyanchev Bitcoin’s rally that began a week ago culminated yesterday with a surge to over $81,000 for the first time since May, when the asset was halted and driven south by a few grand. Most larger-cap alts followed a similar trajectory, with XRP slumping by over 4%, while ZEC dumped by more than […]
Tag: XRP
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, […]
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 […]