XRP News: The global crypto market witnessed heavy selling pressure on Friday the cumulative cap dropped by almost 3% to stand around $1.10 trillion. At the same time, Ripple’s native crypto, XRP has managed to print green indexes going against the market sentiments.
Also Read: Ripple Exec Bids For EU’s MiCA Amid US SEC Crackdown; Ripple Moving Out?
As per the data, XRP price has declined by around 15% in the last 30 days dealing with bear sentiment. XRP price jumped by around 2% in the last 24 hours reversing the selling trend running in the market.
XRP is trading at an average price of $0.42, at the press time. Its 24 hour trading volume has jumped by 25% to stand at $1.22 billion. With this gain, XRP market cap added another $1.27 billion to stand at $22.25 billion.
It is important to note that XRP gain came in when Bitcoin (BTC), the world’s largest crypto registered a decline of more than 4% in the last 24 hours. Bitcoin is trading at an average price of $26,442, at the press time. Read More XRP News Here…
Also Read: Crypto Liquidation Nears $150 Million; Bitcoin Fears To Drop Under $26K
According to the data provided by WhaleAlert, Crypto whales have moved 104 million XRP tokens (approx worth $44 million) in multiple transactions over the past 24 hours. The largest transaction recorded by the tracker has been of moving 50 million XRP (approx worth $21 million) by a wallet named Ripple.
As the XRP price gains, crypto whales seem to be dumping their holding to book the profit. Whales moved around 54 million XRP tokens (approx worth $23 million) in multiple transactions. The largest transaction recorded by the tracker has been of moving 28 million XRP (approx worth $11.5 million) to Bitstamp Crypto exchange.
In a major XRP news today, a key whale indicator turns bullish for Ripple's native…
In the latest development, the Pi Network Ventures announced its investment in artificial intelligence (AI)…
US President Donald Trump reduced tariffs on China after a meeting with President Xi Jinping,…
US lawmakers have started accusing crypto exchange Binance of supporting Trump family projects like World…
Elon Musk’s space exploration company, SpaceX, moved another 281 Bitcoin on Thursday, according to blockchain…
The crypto market turned sharply lower on Tuesday after Federal Reserve Chair Jerome Powell said…