XRP Skyrockets 54% in Volumes as Market Recovers From $229 Million Sell-Off

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Increase in volumes has also boosted XRP's price

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Shiba Inu Might Skyrocket if This Happens, Dogecoin Lost 15% but It's Ok, Bitcoin $70,000 Comeback After This? The broader cryptocurrency market is currently showing signs of recovery, with several crypto assets returning to trade in green. Bitcoin surged past $69,000 during Monday's trading session.This positive sentiment has spilled over into XRP, driving up trading volumes as traders and investors seek to capitalize on the upward momentum. The increase in trading volumes has also boosted XRP's price. The cryptocurrency increased by 2.29%, trading at $0.512 at press time.

Bitwise, Canary and 21Shares all filed S-1s for XRP ETFs, indicating that institutional interest in XRP investment products remained strong. Leading issuer Grayscale launched an XRP Trust and filed to convert a multi-coin fund that includes XRP into an ETF.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

XRP Skyrockets 60% in Volume Amid $266 Million Market ChaosXRP eyes epic 60% volume spike as $266 million liquidations shake cryptocurrency market
Source: Utoday_en - 🏆 295. / 63 Read more »

XRP Skyrockets 58% in Volume Amid $377 Million Crypto Market Sell-OffThis increase in volume might be indicator of market activity
Source: Utoday_en - 🏆 295. / 63 Read more »