The post XRP Skyrockets 80% in Volumes; Is Bigger Move Coming? appeared on BitcoinEthereumNews.com.

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. XRP, the third-largest cryptocurrency, has seen a spike in both trading volume and price over the last 24 hours. According to CoinMarketCap data, XRP’s trading volume has increased by more than 80% over the last 24 hours, reaching $8.99 billion. This is driven by trade volumes of more than $1 billion on the Korea-focused exchange Upbit. This jump in trading activity coincided with a 9% increase in XRP’s price, which reached as high as $2.60 during Saturday’s session before falling slightly. XRP started rising from lows of $2.24 on Friday to reach highs of $2.60 in Saturday’s session. At the time of writing, XRP had pared some of its intraday gains but was still up 4% in the last 24 hours to $2.50. This performance places XRP among the top gainers in the market, with only Cardano (ADA) posting a larger 5.64% gain in the same period. XRP has likewise risen 7% in the last seven days. Related The crypto market is seeing mixed price action in Sunday’s trading session, with several cryptocurrencies trading in the red. Bitcoin (BTC) and Ethereum (ETH) are slightly down in the last 24 hours, while XRP’s momentum continues to gather steam, signaling potential for further gains. Is bigger move on horizon? The enormous increase in trade volume indicates increased interest in…

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Filed under: News - @ January 12, 2025 2:29 pm