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XRP Comes 7% Away From New ATH, BTC Price Stopped at $120K: Market Watch
In a surprising turn of events, the cryptocurrency market has witnessed a significant shift in momentum. Bitcoin’s price recovery following Tuesday’s correction came to an abrupt halt at $120,000, where bears successfully pushed it south by approximately two grand. In contrast, numerous alternative coins have outperformed BTC over the past 24 hours.
Ethereum’s spectacular performance continued as it surged by a remarkable 9% on a 24-hour scale. As a result, ETH now trades at an impressive five-month high of nearly $3,450.
Ripple (XRP) is another altcoin that has gained significant traction, driven by whale accumulation. This surge has propelled XRP to over $3.15, merely 7% away from its all-time high of $3.40 set in 2018.
Other notable gainers include Dogecoin, Solana, Shiba Inu, and PEPE, while BONK has stolen the show by outperforming larger-cap altcoins. FLOKI takes the top spot among the largest cap alts.
As a result of this surge in alternative coins, the total crypto market capitalization has neared $3.9 trillion after a gain of over $70 billion since yesterday.
Source: cryptopotato.com
