XRP charts new uptrend as market sees mixed recovery
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.Attempts being made by the digital currency ecosystem to wriggle out of its bearish zone are currently falling off.
The XRP growth uptrend was also validated by the massive uptick in its 24 hour trading volume compared to that of Bitcoin. While XRP's trading volume soared by more than 82% overnight, that of Bitcoin saw almost no shift, an indication that no new money is making its way into the premier digital currency at this time.
XRP is now the only digital currency in the top 10 ranking with positive net growth, a mark that should keep the market's bulls optimistic in the short term.The growth of XRP can be considered one that comes despite the many uncertainties surrounding its future at this time. The case between Ripple and the United States Securities and Exchange Commission is yet to be concluded, with a slight possibility that the market regulator can eventually come out triumphant over Ripple.
Amid these regulatory uncertainties, XRP has been charting its growth following the business successes of Ripple Labs as well as the technical and product advancements of XRP Ledger , among other
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