Today
-0.74%
1 Week
+9.88%
1 Month
+4.33%
6 Months
+13.46%
Year to Date
-6.67%
1 Year
+14.32%
Opening Price
0.5896Previous Closing Price
0.5918Bitcoin rallies to $63,500 for the first time in nearly a month, likely in response to the Federal Reserve’s 50 bps rate cut on Wednesday.
Ripple (XRP) gained 2.3% since the start of the week. The altcoin’s gains are likely powered by key market movers that include Ripple USD (RUSD) stablecoin, Grayscale XRP Trust performance and the demand for the altcoin among institutional investors.
Bitcoin (BTC) and Ripple (XRP) eye for a rally as they break and find support around their resistance barrier.
Ripple (XRP) shared details of its stablecoin project Ripple USD (RUSD) in a blog published on Tuesday.
Fear & Greed Index XRP slips lower on Wednesday, down to $0.5671.
XRP is holding strong above a critical price level after weeks of choppy price action, now testing local demand to push higher.