• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin's Record Sparks XRP's Lag

user avatar

by Giorgi Kostiuk

a year ago


Bitcoin has reached a new price record of $86,000, sparking excitement in the crypto market, yet XRP lags significantly behind despite its recent boost.

Bitcoin's New Heights Achieved

Bitcoin has affirmed its status as the leading cryptocurrency after its recent surge to $86,000. In contrast, XRP, a major crypto player, has only risen by 17% over the past week to a still modest $0.60.

XRP's Historical Trends and Predictions

Historically, XRP has been slow to react to Bitcoin's price changes, displaying delayed growth. Analysts predict XRP might climb to $1 following market stabilization, presenting a potential opportunity for investors.

Cardano's Recent Gains and XRP's Potential

Cardano (ADA) surged by 60% in the last week, indicating potential growth for XRP. If optimism in the market persists, XRP may respond to the ongoing market dynamics.

Despite lagging behind other cryptocurrencies, XRP has growth potential fueled by interest from both institutional and retail investors.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

UNI Token Plummets Amidst Allegations of Lobbying Against DeFi

chest

The UNI token experienced a nearly 20% drop in price following allegations of lobbying against DeFi projects, reflecting market volatility and community concerns.

user avatarRajesh Kumar

Hayden Adams Accuses Kenneth Griffin of Lobbying Against DeFi Projects

chest

Hayden Adams, the CEO of Uniswap, publicly accused Kenneth Griffin of lobbying the SEC against DeFi projects, leading to regulatory scrutiny and a drop in UNI token prices.

user avatarLucas Weissmann

The global cryptocurrency market experiences substantial expansion.

chest

The global cryptocurrency market cap has increased significantly, reaching 327 trillion, with Bitcoin and Ethereum leading the charge.

user avatarFilippo Romano

Market Dynamics Shift with Rising Bond Yields

chest

Market dynamics are shifting in Japan as the 30-year bond yield reaches unprecedented levels, influenced by anticipated rate hikes and fiscal stimulus plans.

user avatarMaria Fernandez

XRP Price Analysis Indicates Potential Support Level at $12

chest

Cryptocurrency analyst Ali Martinez indicates that XRP may find support at $12 if the lower level of its Parallel Channel breaks down.

user avatarKaterina Papadopoulou

Ethereum Also Following Parallel Channel Pattern

chest

Ethereum's daily price has been trading inside a Parallel Channel for several years, suggesting similar trading strategies for investors in both Ethereum and XRP.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.