Arbitrum (ARB) Soars 10%, Bitcoin (BTC) Eyes $29K: Market Watch

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Arbitrum's recently released token is among the best performers from the top 100 alts.

Arbitrum’s recently released token is among the best performers from the top 100 alts.

Most altcoins are with minor losses today, with XRP finally halting its massive rally by charting a 5.5% daily drop.The primary cryptocurrency was on a notable roll lately before the US CFTC’s lawsuit against Binance, and Changpeng Zhao directly paused it. As a result, the assetHowever, this price dip didn’t last long, and BTC started regaining value in the following days. Itto above $28,000 yesterday and even initiated another leg-up that drove it to just above $29,000 earlier today.

HBAR and ALGO are the other two impressive gainers from the mid-cap alts. In contrast, the landscape with the larger caps seems a lot different. Ripple’s XRP, whichby over 60% at one point in the past week, is now down by 5.5%. Yet, the asset still trades above $0.5.

 

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