These cryptocurrencies could see a significant price rebound when the entire market turns green again.
XRP stands out in a market stained red.
The drop in Bitcoin, nearing 90,000, drags altcoins down.
The Bitcoin (BTC) and cryptocurrency market is stained red. At the time of this publication, within the top 100 by market capitalization, there are cryptocurrencies with more than 40% weekly decline.
The tokens a16z (A16Z), Virtual Protocol (VIRTUAL), and Pudgy Penguins (PENGU) are leading the decline.
In this red scenario, there are a few digital assets that are going against the trend. They do not have significant rises (at least not, for now), but they maintain green numbers on a weekly basis.
We are specifically referring to BGB and XRP. The former is the token of the Bitget exchange and the latter is the cryptocurrency issued by the company Ripple.
The good performance of BGB may be due to regulatory advances that would allow the exchange to begin operating freely in the United States in the near future. If that happens, Bitget would position itself to compete with industry giants in that country, including Coinbase.
Additionally, since late 2024, BGB has become the single token of the Bitget ecosystem. Previously, there was one token for the exchange and another for the wallet, but now, both have merged into BGB. This increased the utility of the digital currency and the price has reflected the increase in value.
