Mr.Abrash

08/20 14:39

$XRP recently added $10 billion to its market valu

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$XRP recently added $10 billion to its market value in a single day as its price jumped 15% amid a broader recovery across the crypto market. Several positive developments have helped lift market sentiment and bring buyers back into risk assets. The crypto market gained $161 billion yesterday and has added another $58 billion so far today, taking its total value to a three-month high of $2.41 trillion. This recovery came as the US Treasury announced plans to double its liquidity-support operations, with President Trump also meeting with crypto executives at the White House. Notably, Bitcoin has moved above $72,000 for the first time since early June. $XRP Adds $10 Billion to Its Market Value $XRP has leveraged the recovery to push above $1. The token reached $1.16 earlier today before falling back to around $1.15. Over the past 24 hours, $XRP has added $10.14 billion to its market value. Notably, it gained $6.53 billion yesterday alone and has added more than $3.6 billion today. With the recent rally, $XRP’s market capitalization has surged to $72.77 billion, its highest level since July 4. $XRP has also gained 15.46% over the past 24 hours, making it the third-biggest gainer among the top 10 crypto assets by market value. $XRP Adds $10B to Its Market Value The latest rally has pushed $XRP into fifth place among the top 10 crypto assets, putting it ahead of USDC. However, CoinMarketCap had not updated its rankings at press time. $XRP has also performed better than $BNB during the recent market recovery. Still, the gap between the two assets remains wide. $BNB currently has a market value of $85.5 billion, compared with $XRP’s $72.77 billion. $XRP would therefore need to add about $12.73 billion to its market value to match $BNB. Based on the current figures, the token would need to gain another 18%, taking its price to about $1.36, to reach $BNB’s current market value. $XRP Ranks Fifth Among Top 10 Crypto Assets Catalysts Behind the Rally The recent recove

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