Start of a strong climb?
Since December 20th and thanks to Powell, the markets have done nothing but fall, not only the crypto market but also indices like the S&P 500 suffered significant drops.
However, yesterday, January 15th, after the positive CPI data for the markets, we experienced an unprecedented rise 📈. Crypto and stocks grew as if there were no tomorrow.
However, not all altcoins fared the same; $BTC broke the 100k mark again, but it raises the question of who will be the next second most important crypto.
While $ETH has a market capitalization just under double that of $XRP , we see that for now, the second most important crypto has not yet surpassed its all-time highs, while XRP continues to rise, closing each day with a new record, and despite what various indices like the RSI tell us, it keeps climbing.
Let’s remember that TRUMP and his entire team are pro crypto with a proposal to reduce taxes on gains for crypto projects developed in the USA.
From there arises the question of whether XRP will reach and surpass ETH; I read you in the comments.