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XRP Leading the Market to the New Rally After Fast 10% Rise?

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Mon, 7/10/2019 - 14:02
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XRP Leading the Market to the New Rally After Fast 10% Rise?
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Today, the owners of cryptocurrencies were pleased with small growth, in particular, the Ripple owners, who added in value almost 10% over the past 24 hours.

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Image by https://coinstats.app/en/coins/ripple

After a systematic decrease in the price of most cryptocurrencies and a fall in trading volume on the weekend, the situation finally normalizes. Major exchanges show an increase in trading volumes of 60-100%, compared with yesterday. Bitcoin and the main altcoins are also in the green zone, but this time the mood was not set by the main cryptocurrency.

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Over the past 24 hours, XRP has grown by almost 10%, from $0.251 to $0.276. The main altcoins also reacted to the growth of the token:

  • EOS showed an increase of 6.5%;

  • Stellar (XLM) rose by 8.2%;

  • Cardano (ADA) raised by 6%.

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Image by https://coinmarketcap.com/

At the same time, Bitcoin grew by only 3.2% but did not lose its domination, this figure is 66.7%. The overall growth is noticeable throughout the cryptocurrency market, we will continue to monitor developments.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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