![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
XRP Outperforms Bitcoin in Trading Volume, Signaling Increased Investor Interest
Jan 18, 2025 at 10:35 pm
XRP, the third-largest cryptocurrency by market capitalization, outperformed Bitcoin in trading volume, signaling increased investor interest.
Crypto lawyer Bill Morgan has highlighted a surge in trading volume for XRP, the third-largest cryptocurrency by market capitalization, following a meeting between Ripple CEO Brad Garlinghouse and U.S. President-elect Donald Trump.
According to Morgan, the discussion centered on potentially including XRP and other digital assets in the nation’s crypto reserves. This development has drawn significant attention in the crypto market.
"Again #XRP beating #BTC in interest metric ……. And you wonder why I am so #Bullish," wrote Morgan on X (formerly Twitter).
This surge in interest has driven both price and trading volume for XRP to new highs. Between January 17 and 18, XRP exhibited notable volatility. On January 17, the token climbed over 4%, peaking before experiencing a downturn.
At around 8:00 PM, XRP showed stronger gains than Bitcoin’s steady rise during the same period. However, by January 18, XRP’s price dropped sharply, falling nearly 6% by 6:00 AM.
In contrast, Bitcoin’s movements were more subdued, showing a slight pullback with a 2% loss by 10:00 AM.
The rise in XRP trading volume also coincides with growing confidence among investors. Between late December 2024 and January 2025, XRP experienced significant inflows, coinciding with a price surge above $3.00.
These inflows, tracked by Coinglass, align with XRP’s price movements, further underscoring the role of investor sentiment in its recent performance.
Donald Trump’s upcoming inauguration as U.S. President has fueled optimism for a more crypto-friendly regulatory environment.
Reports suggest the administration may approve a spot XRP ETF, providing domestic investors greater access to the token.
The prospect of an XRP-backed exchange-traded product has already generated substantial interest. A Polymarket survey shows that 66% of respondents believe an XRP ETF could be approved this year, potentially boosting adoption and market activity.
The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
-
-
- Dogecoin (DOGE) Price Prediction: Elliott Wave Analysis Points to a Potential Surge
- Mar 19, 2025 at 09:05 am
- The cryptocurrency market, a realm characterized by its inherent volatility and the constant interplay of speculative forces, finds itself once again drawn to the enigmatic charm of Dogecoin (DOGE).
-
-
-
- The Ethereum Foundation (EF) Is Undergoing a Profound Period of Self-Assessment and Strategic Recalibration
- Mar 19, 2025 at 09:05 am
- The Ethereum Foundation (EF), the cornerstone of the vast Ethereum ecosystem, is currently undergoing a profound period of self-assessment and strategic recalibration.