CandleFocus XRP Jumps 6% Daily, BTC Eyes $98K After Drop to $94K (Market Watch)
2024-12-11
Author: Content Editor
Bitcoin experienced a turbulent day of trading, initially reaching a high of $100,400 before plummeting to under $94,400, causing substantial liquidations. The cryptocurrency managed to recover to $98,400 but then saw another drop to $94,400. The community is now unsure if another rejection will occur. Despite this volatility, Bitcoin's market cap is nearing $1.940 trillion, with dominance over alternative coins at 53%. Ripple's token, XRP, rebounded from under $2 and now trades above $2.3 due to positive developments surrounding its upcoming stablecoin. Other notable gainers include Solana, TON, and Shiba Inu, while DOGE, ETH, BNB, AVAX, and TRX are in the red. The total crypto market cap has recovered over $150 billion to reach $3.650 trillion.
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