What a crazy year for crypto.
Following an anticipated U.S. inflation report on Monday, a market-wide decline that saw Bitcoin recently fall below$ 90,000 and other leading assets similarly depreciate into the dark, almost all turned green on Wednesday.
But XRP is far outpacing other top coins Wednesday, surging by 19 % over the past 24 hours to a current price of$ 3.18—the highest price seen for the Ripple-linked asset since 2018.
With a 32 % gain over the past week, fueled by optimism over potential XRP ETF approvals and Ripple leadership’s meeting with President-elect Donald Trump, XRP is now has less than a 9 % climb to match its all-time high mark of$ 3.40 set back in January 2018.
With a almost 9 % increase over the past day, Solana is the next-biggest bodybuilder, rising to a weekly high of really quiet of$ 205. This place is also in the top ten pennies by market cap. SOL is solely up 3 % on the week, however, with today’s wave making up for only some of the costs earlier in the week.
Dogecoin is on the rise as well, with the original image gold trading at$ 0.382, its highest DOGE record in more than a month. Cardano, meanwhile, is up almost 8 % on the day to$ 1.08.
Bitcoin briefly rose above the$ 100, 000 mark earlier on Wednesday afternoon, but it has since retraced to a current price of$ 99, 700. It’s also up more than 3 % on the day.
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