Ripple Gains While Bitcoin Remains Below $20,000
Bitcoin was below the $19,000 mark but it gradually recovered this action followed its 6% gain as of yesterday, During Ripple coin (XRP) showing a bullish trend.
People believed that the Ethereum merge would halt the market's bearish trend most of the crypto market signals showed red.
Bitcoin failed to reach above the $20,000 level. past seven days Bitcoin made promising toward the $23K price level, but that was going to bullish journey the crypto market has not been pretty.
The bullish trend moves until Monday when its price decreased hugely reaching the $18,300 price level the three-month low became its lowest bearish benchmark.
The past one-day growth of 1.72% reduced its weekly losses to 10.90%, and BTC has lost approx 2% of its value in the last day.
Bitcoin is now the trending coin in CoinMarketCap. The live Bitcoin price today is $18,926.39 with a 24-hour trading volume of $37,799,601,674 Bitcoin is down 0.84% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $362,598,326,335 USD. It has a circulating supply of 19,158,343 BTC coins and a max. supply of 21,000,000 BTC coins.
The global crypto market cap is $924.06B, a 0.81% decrease over the last day. The total crypto market volume over the last 24 hours is $77.67B, which makes an 18.78% decrease. The total volume in DeFi is currently $4.29B, 5.53% of the total crypto market 24-hour volume. The volume of all stablecoins is now $69.86B, which is 89.94% of the total crypto market 24-hour volume. Bitcoin’s dominance is currently 39.20%, a decrease of 0.30% over the day.
The live XRP price today is $0.492739 with a 24-hour trading volume of $7,597,092,265. XRP is up 12.57% in the last 24 hours. The current CoinMarketCap ranking is #6, with a live market cap of $24,562,402,199 USD. It has a circulating supply of 49,848,747,475 XRP coins and a max. supply of 100,000,000,000 XRP coins.
Ripple seems to be in the spotlight among the gainers. Ripple(XRP) trades at $0.4 a 10% increase in one day