Cardano

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Elon Musk

<div class="finbold">
 <p class="paragraph">Amid significant price advances by the majority of assets in the cryptocurrency industry, XRP has been no exception, making increases on its <a rel="noopener noreferrer nofollow" title="daily" href="https://thebittimes.com/tag/daily.html">daily</a> and weekly charts, crossing the $0.55 price threshold, and adding more than $1 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a> to its market capitalization in a single day.</p>
 <p class="paragraph">Specifically, XRP’s market cap has raced from $28.66 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a> to $29.66 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a> in a matter of 24 hours, which means it has added $1.18 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a> and grown by 4.12% during this time, according to recent data obtained by Finbold from crypto market analytics platform <em>CoinMarketCap</em> on February 15.</p>
 <figure class="wp-block-image"><img decoding="async" width="1200" height="800" src="https://cdn.thebittimes.com/images/2024/02/15/da8c633cd10b9376545f7ba249b7fba6.webp" alt class="wp-image-155121" srcset="https://cdn.thebittimes.com/images/2024/02/15/da8c633cd10b9376545f7ba249b7fba6.webp 1200w, https://cdn.thebittimes.com/images/2024/02/15/da8c633cd10b9376545f7ba249b7fba6.webp 300w, https://cdn.thebittimes.com/images/2024/02/15/da8c633cd10b9376545f7ba249b7fba6.webp 1024w, https://cdn.thebittimes.com/images/2024/02/15/da8c633cd10b9376545f7ba249b7fba6.webp 768w" sizes="(max-width: 1200px) 100vw, 1200px">
  <figcaption class="wp-element-caption"><em>XRP 24-hour market cap chart. Source: </em><em>CoinMarketCap</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-xrp-price-analysis">XRP price analysis</h2>
 <p class="paragraph">In the meantime, the XRP token is currently changing hands at the price of $0.554, after first surpassing the $0.55 mark, recording an increase of 4.44% in the last 24 hours and of 7.25% across the previous seven days, as it moves to reverse the 3.58% loss accumulated over the past month.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/02/15/f4713e344e19d7cf505f9ed9ad51c5cf.webp" alt class="wp-image-155127" srcset="https://cdn.thebittimes.com/images/2024/02/15/f4713e344e19d7cf505f9ed9ad51c5cf.webp 1024w, https://cdn.thebittimes.com/images/2024/02/15/f4713e344e19d7cf505f9ed9ad51c5cf.webp 300w, https://cdn.thebittimes.com/images/2024/02/15/f4713e344e19d7cf505f9ed9ad51c5cf.webp 768w, https://cdn.thebittimes.com/images/2024/02/15/f4713e344e19d7cf505f9ed9ad51c5cf.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>XRP 24-hour price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <p class="paragraph">As it happens, the asset’s rally doesn’t just go with the <a rel="noopener noreferrer nofollow" title="bullish" href="https://thebittimes.com/tag/bullish.html">bullish</a> sentiment in the crypto sector, but also with the expectations that banks in the United States might use it for cross-border payments after receiving legal clarity in the case between Ripple and the US Securities and Exchange Commission (SEC).</p>
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 <p class="paragraph">Interestingly, the XRP is also racing as a dormant crypto wallet address controlled by Ripple has recently woken up to dump 100 million XRP worth $53.5 million to the blockchain company’s treasury account used for keeping its liquid reserves for sell-offs, as Finbold reported earlier on February 14.</p>
 <p class="paragraph">Meanwhile, the advanced artificial intelligence (AI) algorithms used by crypto and stock analytics platform <em>CoinCodex </em>have predicted that XRP would continue to improve its price by the end of February, as of press time setting it to hit a very optimistic $0.70 by February 29, 2024.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.&nbsp;</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/xrp-attracts-over-1-billion-in-bullish-daily-sprint-tbt79903.html">https://thebittimes.com/xrp-attracts-over-1-billion-in-bullish-daily-sprint-tbt79903.html</a></p>

XRP attracts over $1 billion in bullish daily sprint

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TheBitTimes

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