XRP Reaches $2.50 Before ETF Launch, BTC's Rise Halts at $104K: Cryptocurrency Update

Bitcoin's price showed a slight increase after President Trump signed legislation to restart the US government's operations, but it halted at $104,000. The majority of larger-cap altcoins continue to perform poorly, with the exception of XRP, which saw a 3.5% rise ahead of its spot ETF debut in the U.S. The Bitcoin price recovery has been underwhelming as it fell from over $111,000 at the beginning of the month to under $100,000 during the previous business week. After the President signed the legislation, Bitcoin rose to just over $104,000 but has since fallen below $103,000. Meanwhile, XRP's price increased by more than 3% and is now over $2.50 in anticipation of the XRP ETF launch in the U.S. The total cryptocurrency market capitalization sits just under $3.6 trillion.