Ripple Reclaims Third Place After 14% Rise, Bitcoin Nears $108K
Bitcoin (BTC) is back in discovery mode and making new highs.
Bitcoin surged to $107,800 during the Asian trading session, but later stabilized above $107,000.
With a market dominance of nearly 54% and a market cap of over $2.1 trillion, Bitcoin continues to assert its position as a market leader.
XRP Shines:
Ripple (XRP) saw a remarkable surge after the company announced the launch of its new stablecoin today, pushing the price to $2.6.
As a result, XRP regained the third place in the cryptocurrency rankings by market cap, surpassing USDT.
Coins like XLM and CRO rose by 9% and 7%, respectively, while Ethereum made slight gains to cross the $4,000 mark.
In contrast, TON and LINK recorded declines of 4%.
The total market cap of cryptocurrencies increased by $90 billion in 24 hours, reaching around $3.95 trillion, reflecting the strength of the market and continued optimism in general.
