Over the past week, the Bitcoin price has risen by 2.65% and again broke through the $60,000 level. But at the same time, the trading volume continued to decline and now stands at $45 billion per day. Bitcoin’s dominance in the market fell sharply from 61% to 53%. This was due to the massive growth of altcoins.
The main event of the week was the return of XRP to the Top-5 cryptocurrencies by capitalization. This was due to the rapid growth from $0.63 to $1.50. Thus, the growth amounted to 150% for the week. This was all driven by the good news for the XRP.
First, the judge granted a petition by XRP management… Click here to learn more
Over the past day, the price of Bitcoin has grown by 3% and reached $58,000. Altcoins followed the growth dynamics of Bitcoin and also increased in price. Ethereum approached again historical highs, XRP broke through an important psychological mark of $1, BNB confidently consolidated above $400.
Yesterday it became known that Tether has released 2 new batches of 500 million USDT each. The trading volume of this stablecoin has grown by 50% since the beginning of April and now stands at almost $100 billion per day. Let’s see if this is a signal for a new round of growth for Bitcoin:
Over the past day, the price of Bitcoin has grown by 3% and reached $58,000. Altcoins followed the growth dynamics of Bitcoin and also increased in price. Ethereum approached again historical highs, XRP broke through an important psychological mark of $1, BNB confidently consolidated above $400.
Yesterday it became known that Tether has released 2 new batches of 500 million USDT each. The trading volume of this stablecoin has grown by 50% since the beginning of April and now stands at almost $100 billion per day. Let’s see if this is a signal for a new round of growth for Bitcoin:
Over the past week, the Bitcoin price has risen by 2.65% and again broke through the $60,000 level. But at the same time, the trading volume continued to decline and now stands at $45 billion per day. Bitcoin’s dominance in the market fell sharply from 61% to 53%. This was due to the massive growth of altcoins.
The main event of the week was the return of XRP to the Top-5 cryptocurrencies by capitalization. This was due to the rapid growth from $0.63 to $1.50. Thus, the growth amounted to 150% for the week. This was all driven by the good news for the XRP.
First, the judge granted a petition by XRP management… Click here to learn more
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