XRP Surges 350% Since Trump’s Election While Bitcoin Gains 58%: What It Means for Altcoin
Since Donald Trump’s re-election campaign caught steam, the crypto market has seen some uncharacteristic volatility.
The biggest among the surprises is XRP, which has surged over 350%, way above Bitcoin’s 58% gain. Bitcoin recently reached all-time peaks of about $111,000, though it had fallen below $80,000 previously due to trade uncertainty.
Owing to its stability, despite this price volatility, Bitcoin has been able to bounce back and cross significant levels of resistance.
While XRP is storming ahead, the rest of the coin had very little movement. Ethereum (ETH) has risen by 10%, Solana (SOL) by 9%, and Cardano (ADA) only by 12%. When compared to XRP’s big rally, these figures indicate that XRP has handily beaten the rest of the altcoin market.
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