XRP and ADA rise while Bitcoin strives for an outbreak of over 90,000 US dollars

XRP and ADA rise while Bitcoin strives for an outbreak of over 90,000 US dollars

Ripplle wins SEC Case XRP is no security
  • XRP and Cardano tokens have been the top winners among the top 10 coins after market capitalization in the last 24 hours.
  • Bitcoin is traded over $ 90,000 because investors consider an increase to $ 100,000 or more.

The TOKEN XRP (XRP) and Cardano (ADA) lead the top 10 coins after market capitalization with 24-hour growth.

At the time of writing this article, the Ripple XRP has increased by more than 12 % in the last 24 hours, while its price fluctuated close to $ 0.90. Cardano was traded near $ 0.68, an increase of 22 %.

Interestingly, the price of BTC remains around $ 90,000, although a wallet from the Satoshi era sent 2,000 BTC to an exchange.

XRP and Cardano rise

The XRP price has increased by more than 64 % last week. In the meantime, Ada was traded at around $ 0.68 in the USA on Friday afternoon, with the Cardano token with an increase of over 22 % being the biggest winner in the top 10 on this day. The ADA price rose by 53 % last week.

Bitcoin (BTC), which has increased by 1.4 % in the past 24 hours and 18 % last week, continues its upward trend since November 5, when the USA chose Donald Trump as its next president. Cardano and ripple tokens have reflected these upward dynamics, whereby old coins generally benefited from the overall optimistic mood.

"Market liquidity improves because stable coins like USDT are growing and flowing into the stock exchanges." Since the US presidential election, USt has been worth 3.2 billion US dollars-the highest net inflow since November 2021. Analysis provider Cryptoquant noted . In the meantime, the Bitcoin reserves on crypto exchanges have decreased in the past few weeks. At the moment, this is roughly the levasties that were last reached in November 2018 and indicates a Hodling because the market is extremely greedy.

According to market analysts, this severe decline in the stock market offer could lead to further purchase pressure. Bitcoin is expected to explode to $ 100,000. Matthew Sigel, head of research at Vaneck, says, BTC is only at the beginning of his bull market.

BTC recently rose to maximum $ 93,000.


Source: Coinlist.me

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