Bitcoin, cryptocurrency and XRP
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Bitcoin price and other cryptocurrencies were recovering on Wednesday following a set back to key crypto legislation Tuesday.Bitcoin is up 2.2% over the past 24 hours to $119,228, according to CoinDesk data.
With XRP dropping 1.33%, all eyes are on ETF inflows, SEC appeal updates, and crypto legislation shaping the price outlook.
XRP price stays above key support at $2.88 after recent rally. Bulls target a breakout above $3.00, with resistance at $3.08 and $3.12.
XRP is building the scaffolding it needs to be favored by institutions as well. One of these assets is better for longer-term holding than the other is likely to be. Most investing decisions feel like choosing between two distant futures.
Bitcoin’s march toward six-figure territory has traders rewriting every price model on their screens. If the Bitcoin Price punches through $250,000 this
The price of cryptocurrency XRP is up over 13% today after Ripple CEO Brad Garlinghouse made an appearance at a Washington event.
The $3 strike call option for XRP is the most traded, with significant buy trades indicating investor optimism.
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