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.
- Bitcoin Reclaims $70K as Experts Signal a BTC Bottom
- 3 Reasons Why the XRP Price Is Up 20% Today
- China Tightens Stablecoin Rules as Bessent Urges Congress to Pass CLARITY Act to Keep Crypto Lead
- Bitget Launches ‘Fan Club’ Initiative In Bid To Strengthen Community Amid Crypto Crash
- BlackRock Signals More Selling as $291M in BTC, ETH Hit Coinbase Amid $2.5B Crypto Options Expiry
- Bitcoin Price Prediction as Funding Rate Tumbles Ahead of $2.1B Options Expiry
- Ethereum Price Outlook as Vitalik Buterin Sells $14 Million Worth of ETH: What’s Next for Ether?
- Solana Price at Risk of Crashing Below $50 as Crypto Fear and Greed Index Plunges to 5
- Pi Network Price Prediction Ahead of PI KYC Validator Reward System Launch
- XRP Price Outlook As Peter Brandt Predicts BTC Price Might Crash to $42k
- Will Cardano Price Rise After CME ADA Futures Launch on Feb 9?














