Crypto Market Sees Shift in Focus
Bitcoin rally slows down as options expiry takes hold, but altcoins like XRP and Solana continue to rise.
The crypto market is seeing a shift in focus as the Bitcoin rally shows signs of slowing down due to the recent $15.6 billion options expiry. This development has led to a decrease in momentum for Bitcoin, while other cryptocurrencies like XRP and Solana are continuing to climb. In contrast, US crypto ETFs have seen significant inflows this week, with over $3 billion pouring in, but most of it going towards Bitcoin and Ethereum. On the XRP Ledger, trading activity remains strong, with a 24-hour on-ledger volume of 4,037,369 XRP and a price increase of +2.54% against RLUSD. The XRPSync validator has been operating at an impressive 99.07% uptime, processing transactions at ledger #107,230,228.
Sources
DE Decryptdecrypt.co CR CryptoSlate
cryptoslate.com
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