SURPRISE IN THE MARKETS: XRP TRADING VOLUME SOARED BY 62%
What we are seeing in the cryptocurrency market, which is quite tumultuous due to all these global geopolitical conflicts, is that XRP has made a huge surprise. Its trading volume surged by 62% in just 24 hours. For me, it’s incredible, moving about 5.12 billion dollars, and this caught the attention of all analysts, indicating that investors are moving again.
Of course, all this is happening with so much tension, like the war between Israel and Iran and the involvement of the United States. Over the weekend, Bitcoin and Ethereum dropped sharply; Bitcoin, for example, fell below 100,000 USD, although it recovered a bit afterward. XRP also suffered, of course, dropping to 1.9 USD on Sunday, but it recovered somewhat and closed at 2.10 USD. For me, this shows how strong XRP is and that people continue to bet on it, even when everything is tough for cryptocurrencies.