Ripple’s XRP gains as bitcoin, ether tumble at start of the week

Markets
• March 27, 2023, 10:20AM EDT

Crypto prices trended lower after the weekend, but Ripple’s XRP bucked the trend and increased more than 6% over the past day.

Bitcoin was trading at around $27,950 as of 9:45 am EDT, down about 1.1% in the last 24 hours.

Ethereum was down slightly by 1.7% and priced at $1,764.

BTC/USD graph by TradingView

Dogecoin and OKB were also trending higher. 

MicroStrategy slid after saying it bought $150 million in bitcoin between mid-February and last week.

XRP/USD chart by TradingView.

Other crypto companies were also mostly trading down, with Galaxy Digital declining 1.3% and Coinbase lower by 3.2%. Block was rose 2.9%.

In traditional markets, the Nasdaq 100 and the S&P 500 were both trending slightly higher, rising 0.5% and 0.8%, respectively.

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: https://www.theblock.co/post/222979/ripple-xrp-gains-as-bitcoin-ether-tumble?utm_source=rss&utm_medium=rss