๐ XRP Outperforms Crypto Majors: XRP has surged to $1.66, marking a 14.48% increase, outperforming other major cryptocurrencies. Bitcoin, in comparison, rose by only 1.73% to $96,617.
๐น Japanese Yen Impact: The Japanese yen reached a six-week high against the U.S. dollar due to unexpectedly high inflation in Tokyo, fueling speculation of an interest rate hike by the Bank of Japan. This has raised concerns that a stronger yen could put downward pressure on Bitcoin, making it pricier for Japanese investors.
๐ Market Highlights: XRPโs strong performance comes amidst broader macroeconomic shifts, showcasing its resilience and potential as a standout crypto asset in a volatile market.#ThanksgivingBTCMoves