Cardano

United

Elon Musk

<div class="finbold">
 <p class="paragraph">Amid significant price advances by the majority of assets in the cryptocurrency industry, XRP has been no exception, making increases on its <a rel="noopener noreferrer nofollow" title="daily" href="https://thebittimes.com/tag/daily.html">daily</a> and weekly charts, crossing the $0.55 price threshold, and adding more than $1 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a> to its market capitalization in a single day.</p>
 <p class="paragraph">Specifically, XRP’s market cap has raced from $28.66 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a> to $29.66 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a> in a matter of 24 hours, which means it has added $1.18 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a> and grown by 4.12% during this time, according to recent data obtained by Finbold from crypto market analytics platform <em>CoinMarketCap</em> on February 15.</p>
 <figure class="wp-block-image"><img decoding="async" width="1200" height="800" src="https://cdn.thebittimes.com/images/2024/02/15/da8c633cd10b9376545f7ba249b7fba6.webp" alt class="wp-image-155121" srcset="https://cdn.thebittimes.com/images/2024/02/15/da8c633cd10b9376545f7ba249b7fba6.webp 1200w, https://cdn.thebittimes.com/images/2024/02/15/da8c633cd10b9376545f7ba249b7fba6.webp 300w, https://cdn.thebittimes.com/images/2024/02/15/da8c633cd10b9376545f7ba249b7fba6.webp 1024w, https://cdn.thebittimes.com/images/2024/02/15/da8c633cd10b9376545f7ba249b7fba6.webp 768w" sizes="(max-width: 1200px) 100vw, 1200px">
  <figcaption class="wp-element-caption"><em>XRP 24-hour market cap chart. Source: </em><em>CoinMarketCap</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-xrp-price-analysis">XRP price analysis</h2>
 <p class="paragraph">In the meantime, the XRP token is currently changing hands at the price of $0.554, after first surpassing the $0.55 mark, recording an increase of 4.44% in the last 24 hours and of 7.25% across the previous seven days, as it moves to reverse the 3.58% loss accumulated over the past month.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/02/15/f4713e344e19d7cf505f9ed9ad51c5cf.webp" alt class="wp-image-155127" srcset="https://cdn.thebittimes.com/images/2024/02/15/f4713e344e19d7cf505f9ed9ad51c5cf.webp 1024w, https://cdn.thebittimes.com/images/2024/02/15/f4713e344e19d7cf505f9ed9ad51c5cf.webp 300w, https://cdn.thebittimes.com/images/2024/02/15/f4713e344e19d7cf505f9ed9ad51c5cf.webp 768w, https://cdn.thebittimes.com/images/2024/02/15/f4713e344e19d7cf505f9ed9ad51c5cf.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>XRP 24-hour price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <p class="paragraph">As it happens, the asset’s rally doesn’t just go with the <a rel="noopener noreferrer nofollow" title="bullish" href="https://thebittimes.com/tag/bullish.html">bullish</a> sentiment in the crypto sector, but also with the expectations that banks in the United States might use it for cross-border payments after receiving legal clarity in the case between Ripple and the US Securities and Exchange Commission (SEC).</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picked for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    How much money does Elon Musk make a second? <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    New crypto opportunity at $0.03 for investors who missed SHIB and DOGE soar <span class="self-center text-xs text-slate-500">16 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Cardano founder warns of ‘legacy eating crypto’ <span class="self-center text-xs text-slate-500">17 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Peter Schiff says Bitcoin might hit $100k <span class="self-center text-xs text-slate-500">19 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">Interestingly, the XRP is also racing as a dormant crypto wallet address controlled by Ripple has recently woken up to dump 100 million XRP worth $53.5 million to the blockchain company’s treasury account used for keeping its liquid reserves for sell-offs, as Finbold reported earlier on February 14.</p>
 <p class="paragraph">Meanwhile, the advanced artificial intelligence (AI) algorithms used by crypto and stock analytics platform <em>CoinCodex </em>have predicted that XRP would continue to improve its price by the end of February, as of press time setting it to hit a very optimistic $0.70 by February 29, 2024.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.&nbsp;</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/xrp-attracts-over-1-billion-in-bullish-daily-sprint-tbt79903.html">https://thebittimes.com/xrp-attracts-over-1-billion-in-bullish-daily-sprint-tbt79903.html</a></p>

XRP attracts over $1 billion in bullish daily sprint

Table of Contents

TheBitTimes

Other articles published on Feb 15, 2024

Market Frenzy: Goldman Sachs Predicts a Record Year for S&P 500 Companies

AI Ethics Advocates Propose Licensing and Whistleblower Channels to Prevent Post Office-style Sca...

Google Introduces Internal AI Model ‘Goose’ to Boost Code Writing Efficiency

Bitcoin Exceeds $50,000 Milestone as Pandoshi Approaches Presale Conclusion and Prepares for Exch...

400 Million DOGE Sent to Robinhood as Dogecoin Reclaims Spot in Top 10

LUKSO's Universal Profiles Integrates Transak For Mass Adoption In The Web3 Creator Economy (15 Feb)

Join our free newsletter for daily crypto updates!