Ripple's XRP is up 2% in the early Asian session on Thursday following rising accumulation among investors and a potential bottom signal in the MVRV Ratio.
Ripple 's XRP eyes a recovery as investors switch toward accumulation Ripple 's XRP is up 2% in the early Asian session on Thursday following rising accumulation among investors and a potential bottom signal in the MVRV Ratio. After the February 3 crypto market crash, XRP investors have largely switched towards accumulation in the past five days as buy-the-dip sentiment is becoming prevalent.
If these bills pass, they would require $23 billion in Bitcoin purchases, creating significant demand. This could also lead to state pension funds investing in BTC, further increasing pressure on supply. With Bitcoin already approaching a supply shock, even a few successful bills could send prices soaring.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cryptocurrencies Price Prediction: Ripple, Bitcoin & Ethereum — Asian Wrap 21 JanuaryRipple (XRP) is up 5% on Monday after US President Donald Trump announced pro-crypto Mark Uyeda as the new acting Securities & Exchange Commission (SEC) Chair.
Read more »
Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple — Asian Wrap 22 JanuaryBitcoin price hit a new all-time high of above $109,000 amid Trump’s inauguration on Monday.
Read more »
Cryptocurrencies Price Prediction: Ripple, Sui & Toncoin — Asian Wrap 23 JanuaryThe Chicago Mercantile Exchange (CME) allegedly plans to launch Ripple's XRP and Solana (SOL) futures contracts following a now-deleted post on a staging website detailing how trading for both assets will function.
Read more »
Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum — Asian Wrap 27 JanuaryBitcoin (BTC) and Ethereum (ETH) are approaching their crucial support levels on Monday; a firm close below would lead to a correction.
Read more »
Cryptocurrencies Price Prediction: Bitcoin, Ripple & SUI – European Wrap 4 FebruaryBitcoin and other cryptocurrencies are facing renewed selling pressure on Tuesday as trade tensions between the US and China ramp up.
Read more »
Cryptocurrencies Price Prediction: Bitcoin, Ondo & Ripple – European Wrap 7 FebruaryBitcoin (BTC) price hovers around $97,000 on Friday after losing nearly 5% in the last three days.
Read more »