Over the past week, the Bitcoin price has risen by 2.65% and again broke through the $60,000 level. But at the same time, the trading volume continued to decline and now stands at $45 billion per day. Bitcoin’s dominance in the market fell sharply from 61% to 53%. This was due to the massive growth of altcoins.
The main event of the week was the return of XRP to the Top-5 cryptocurrencies by capitalization. This was due to the rapid growth from $0.63 to $1.50. Thus, the growth amounted to 150% for the week. This was all driven by the good news for the XRP.
First, the judge granted a petition by XRP management… Click here to learn more