This week's cryptocurrency market has exploded, surpassing the $3.4 trillion mark for the first time, increasing by nearly $400 billion. Bitcoin is approaching $100K, trading around $99,000. However, the real star is Ripple's XRP, which has surged over 66% thanks to the announcement that SEC Chairman Gary Gensler will resign in January 2025. Cardano's ADA has also surged by 45%, while Solana and Avalanche have reached new highs. 🤑
MicroStrategy continues to make large BTC purchases, raising its total to over 330,000 BTC. The stablecoin supply has reached a record $176.2 billion. Despite market adjustments, the future of blockchain remains promising. 🚀