Bitfinex’s LEO Tokens Jump 46%, XRP Gains Slightly in Flat Market

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Bitfinex's LEO tokens surged nearly 50% while XRP gained 3% in an otherwise flat crypto market on Wednesday. By shauryamalwa

LEO set all-time highs in early Asian hours

Bitcoin saw some selling from the $45,000 level on Tuesday to as low as $42,500. Prices, however, recovered to $44,200 in European hours.Analysts said bitcoin could develop a continued surge towards the $50,000 level if the current momentum is maintained. “A sharp dip lower today or tomorrow will raise the issue of a false break and bring the sellers back into play, heading for $37-38K,” he cautioned, however.

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