XRP News: The global digital asset market is gaining momentum as investor sentiment turns positive after US consumer price rose less than expected in March. This was a signal that the Fed is likely to stop raising rates after a possible hike in May. Amid the recent surge, Ripple’s native token, the XRP price emerged as the main winner among the top altcoins.
Also Read: Bitcoin Bull Run Approaching; BTC New ATH Coming Soon?
XRP is outperforming Bitcoin
According to the data, the XRP price is up more than 40% in the last 30 days. This spike came during the eruption of the banking crisis, with inverters turning to crypto assets. It is important to note that XRP has managed to outperform Bitcoin (BTC), the largest cryptocurrency, during this period.
The price of Bitcoin is up more than 35% in the last 30 days. After hovering around the $27,000 – $29,000 price level, BTC finally broke through the $30,000 price level.
Ethereum, the largest altcoin price, saw a 25% jump over the same period. This increase comes at the time of the Shanghai hard fork, also known as the “Shapella” upgrade. ETH price rose 6% to break the $2000 level.
Dogecoin, the biggest meme crypto price up 25% in the past 30 days. This wave came in when Twitter, owned by Elon Musk, replaced its logo with the DOGE. It is trading at an average price of $0.086 at the time of writing. Read more XRP news here…
Also Read: Dollar, Stocks Fall Bitcoin Shines Amid Recession Fears
XRP price is up 40% in the last 30 days. It is trading at an average price of $0.509 at the time of writing. This wave is coming in as the verdict of the Ripple Vs SEC lawsuit approaches.
Ashish believes in decentralization and has a keen interest in the development of Blockchain technology, the cryptocurrency ecosystem and NFTs. He aims to create awareness around the growing crypto industry through his writings and analysis. When he’s not writing, he’s playing video games, watching a thriller, or exercising outside. Reach me [email protected]
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