Bitcoin Regains $30K; 115 Mln XRP Moved Ahead Of SEC Chair Testimony
XRP News: Gary Gensler, Chairperson at U.S. Securities and Exchange Commission (SEC) is set to testify before the House Financial Services Committee. The scheduled hearing is titled “Oversight of the Securities and Exchange Commission.” However, the global digital asset market can be seen printing green indexes before the SEC Chair testimony.
Also Read: Key Agendas In SEC Chair Gensler Prepared Testimony Before US House
Crypto Market Turns Green Ahead Of SEC Chair Testimony
As per the data, Bitcoin (BTC), the largest crypto currency price jumped by 3% in the last 24 hours. This helped BTC to regain the $30K price level. Bitcoin is trading at an average price of $30,327, at the press time. Its 24 hour trading volume is up by 2% to stand at $17.7 billion.
The digital asset market cap jumped by more than 2% over the past day. It now stands at $1.28 trillion.
Ripple Labs and its executive have been eagerly waiting for the testimony. Ripple and US SEC have been engaged in a long running legal tussle. Read More XRP News Here…
Also Read: Ripple Facing Trouble Over Its New Project Due To XRP Lawsuit?
As per the data provided by WhaleAlert, more than 115 million XRP (approx worth $60 million) have been moved in multiple transactions over the past 24 hours. The biggest transaction recorded by the tracker has been of accumulating 25.3 million XRP (approx worth $13 million).
Crypto whales bought over 73.4 million XRP tokens (approx worth $37.5 million) in the last 24 hours. However, 48 million XRP tokens (approx worth $25 million) were accumulated from Bitso crypto exchange.
XRP price jumped by 2% in the last 24 hours. XRP is trading at an average price of $0.52, at the press time. Its 24 hour trading volume is up by 6% to stand at $1 billion.
- Trump-Backed World Liberty (WLFI) Plans RWA Tokenization Paired with USD1 Stablecoin
- Stripe Eyes U.S. Banking Charter, Pioneers One-Click Stablecoin Issuance for Firms
- Breaking: Metaplanet Expands Treasury With 5,268 BTC Purchase, Climbs to 4th Largest Holder
- BREAKING: Nasdaq Files with US SEC to List BlackRock Bitcoin Premium Income ETF
- Mr Beast, Whales Buy ASTER Token Amid 20% Crash, What’s Next?
- XRP Price Prediction After Ripple CTO David Schwartz Resigns
- SUI Price Eyes $4.5 as Coinbase Futures Listing Sparks Market Optimism
- Chainlink Price Holds $20 Support Amid Tokenization With DTA Standard Progress – Is $47 Next?
- Analyst Predicts Dogecoin Price Surge as DOGE ETF AUM Hits $20M
- Ethereum Price Eyes $8,600 As Institutions And Whales Double Down
- Dogecoin Price Prediction – Chart Set-Up Highlights Perfect Buying Opportunity With Outflows Backing $0.45
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
