XRP Finally Awakens With 7% Rally For Ripple, What Has Driven It?

April’s action on crypto markets has been great for some and not so impressive for others. Bitcoin, Litecoin and Bitcoin Cash have made good progress but Ripple’s XRP has largely been left out as it has lulled around the same level for weeks. Today XRP finally woke up and started moving upwards.

The move started yesterday when XRP jumped from $0.322 to
$0.334 and continued to march upwards to reach a daily high of $0.344 about an
hour ago. The 6.8 percent gain has pushed market capitalization back over $14
billion for the first time in a week. Daily volume is also back up over a
billion as XRP closes the gap on Ethereum in second spot.

That market cap gap is now just below $4 billion as Ethereum
has made around 3 percent on the day to reach $172. XRP holders have had little
to celebrate recently as it only managed a high of $0.37 while Bitcoin and
Ethereum surged 30 percent, Litecoin 60 percent, and Bitcoin Cash almost
doubled. XRP was one of the worst performing…

Read Full Story : Ethereum World News

2019-04-18 05:28:04

Luke Thompson

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