Seeking Alpha
2023-01-23 21:32:51

Why did ripple's price go up today? Crypto revival gains steam

Ripple ( XRP-USD ) token advanced 7.4% to $0.43 in Monday afternoon trading as buying pressure across the cryptocurrency market persisted during the session. Bitcoin ( BTC-USD ), the world's largest digital token by market cap, flirted with its highest level in more than five months, rising 1.7% to $23.88K at 4:32 p.m. ET. Ethereum ( ETH-USD ) was trading sideways at $1.63K. Overall, the global crypto market cap climbed 2.1% to $1.05T, according to CoinMarketCap data . Most of the major cryptos have garnered sizable returns since the start of 2023 -- many of them erasing losses since November 2022's FTX ( FTT-USD ) collapse -- with ripple ( XRP-USD ) jumping 23.5% , bitcoin ( BTC-USD ) surging 38% and ether ( ETH-USD ) +34.5% . For the week ended Jan. 20, ripple ( XRP-USD ) was one of the many altcoins that reportedly experienced net inflows, while investors grew more bearish on bitcoin ( BTC-USD ).

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约