XRP News: The global crypto market cap register a drop of around 1.5% on Thursday as seller pressure takes over. The biggest digital assets Bitcoin (BTC) and Ethereum (ETH) price printed red indexes while Ripple’s native token, XRP has managed to gain control over the bears amid the recent dump.
XRP Beats Bitcoin
XRP has emerged as one of the top gaining cryptos while the cumulative digital asset market cap dropped below the crucial $1 trillion mark. However, XRP has turned out to be the biggest gainer among the top 10 cryptos.
XRP price has surged by almost 4% over the past 24 hours beating the ongoing sellers’ sentiment. As per the data, Ripple’s native token has turned out to be the only crypto among the biggest 10 digital assets to print green indexes over the past 7 days. XRP price is up by over 2% in the last 7 days while Bitcoin price has dropped by more than 7%.
XRP is trading at an average price of $0.387, at the press time. However, its 24 hour trading volume is up by 21% to stand at $1.9 billion.On-chain data depicts that the crypto whale addresses are moving millions of XRP over exchanges in reaction to the latest rulings in the long running US SEC Vs Ripple lawsuit. Read More XRP News Here…
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While the overall cryptocurrency market witnessed a 1.5% drop, XRP managed to gain ground against bears amid the recent market slump. Ripple’s native token increased by over 4% despite negative sentiment weighing on other cryptocurrencies, including Bitcoin and Ethereum, which both printed red indexes. XRP’s price was up 2% over the past seven days while Bitcoin’s price dropped by over 7%. Nevertheless, XRP is trading at $0.387 and its 24-hour trading volume has risen to $1.9bn. The news of XRP’s ever-increasing price comes as the crypto whale addresses move millions of XRP over exchanges in response to the latest rulings in the long-running US Securities and Exchange Commission versus Ripple lawsuit.
