Guess what, crypto enthusiasts? XRP is on a wild ride, thanks to Ripple's big news about launching their stablecoin today. It's like a shot of adrenaline for XRP, pushing it back up the ranks in the market cap race, reclaiming the third spot from USDT!
Meanwhile, Bitcoin is on a rollercoaster of its own, smashing through its all-time highs like a pro athlete breaking records. Just hours ago, it flirted with the $108,000 mark! Last week, Bitcoin had a bit of a stumble, dropping to $94,400, but those bullish vibes kicked in, and before you know it, it was cruising past $100,000. Since then, Bitcoin has been living the six-figure life, even hitting a new high of $106,000 on Monday. And just when you thought it might take a breather, it rocketed to $107,800 during the Asian trading session!
Even though it's dipped a bit, Bitcoin is still holding strong above $107,000, with its market cap soaring over $2.1 trillion and dominating the crypto scene with a 54% share.
Ripple's stablecoin news is the talk of the town, sparking an XRP rally from $2.37 to nearly $2.6, making it the star of the show. Other altcoins like XLM and CRO are riding the wave too, with notable gains of 9% and 7% respectively. Ethereum is back in the game, climbing above $4,000, while SOL, BNB, ADA, and AVAX are also in the green.
On the flip side, TON and LINK are taking a small step back, each retreating by about 4%. But overall, the crypto market is on fire, adding a whopping $90 billion in just 24 hours, reaching almost $3.950 trillion.
Stay tuned for more thrilling updates from the ever-exciting world of crypto!
