#XRP
XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang

XRP surged 11% to lead growth among majors as of Thursday, led by $1.3 billion worth of trading volumes on Korea-focused exchange Upbit.A CoinDesk analysis from Tuesday flagged unusually high trading volumes for XRP stemming from South Korean exchanges, which has historically acted as a harbinger for price volatility with a bias to the upside.Firms target a $185,000 level for bitcoin and $5,500 for ether (ETH) in a widely-anticipated bullish year for the industry.

Crypto majors zoomed higher in the past 24 hours as the market entered a widely expected bullish year, with bitcoin (BTC) inching above $95,000 to shake off losses from last week.

A CoinDesk analysis from Tuesday flagged unusually high trading volumes for XRP stemming from South Korean exchanges, which has historically acted as a harbinger for price volatility with a bias to the upside.

XRP surged 11% to lead growth among majors as of Thursday, led by $1.3 billion worth of trading volumes on Korea-focused exchange UpBit.

Among other majors, Cardano’s ADA, Solana’s SOL and Chainlink’s LINK added as much as 8%. Ether (ETH) and BNB Chain’s BNB rose 3%, while memecoins dogecoin (DOGE) and shiba inu (SHIB) added 5%.

The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, minus stablecoins, rose 5.8%.