Unfazed: XRP Continues To Outperform Bitcoin, XRP/BTC Up 11%-7.65

As reported by Ethereum World News on Sunday, amid bearish market conditions, with Bitcoin (BTC) continuing to show signs of weakness, XRP, along with its estranged cousin Stellar Lumens (XLM), suddenly began to outperform BTC. More specifically, as Bitcoin fumbled around at $5,600, Ripple’s go-to digital asset began its own mini-bull run, quickly posting gains via its USD and BTC pairs.

Eventually, after a contained surge, catalyzed by an influx of buying pressure and positive community sentiment, XRP recovered fully from Wednesday’s initial sell-off, which saw the asset’s market capitalization surprisingly surpass that of Ethereum (ETH). Regardless, many were still fazed by the fact that the aggregate cryptocurrency market capitalization took a $20 billion haircut.

Original source

Add comment

Please Sign in to be able to leave comments.