XRP Leading Top Altcoins Rally

XRP News: The global digital asset market is on a surge as investors’ sentiment turns positive after U.S. consumer price jumped less than expected in March. This signaled that the Fed is likely to stop hiking rates after a possible rise in May. Amid the recent surge, Ripple’s native token, XRP price emerged as the leading gainer among the top altcoins.

Also Read: Bitcoin Bull Run Imminent; BTC New ATH Soon?

XRP Outperforms Bitcoin

As per the data, XRP price managed to surge by more than 40% over the past 30 days. This spike came amid the erupting banking crisis where inverters turned towards crypto assets. It is important to note that, the XRP has managed to outperform Bitcoin (BTC), the biggest crypto during this period.

Bitcoin price is up by over 35% in the last 30 days. After hovering around the $27K-$29K price level, BTC finally breached the $30k price level.

Ethereum, the biggest altcoin price saw a jump of 25% in the same period. This surge comes in at the time of the Shanghai hard fork, which is also known as the “Shapella” upgrade. ETH price surged by 6% to breach the $2000 level.

Dogecoin, the biggest meme crypto price spiked by 25% over the past 30 days. This surge came in as Elon Musk owned Twitter replaced its logo with the DOGE. It is trading at an average price of $0.086, at the press time. Read More XRP News Here…

Also Read: Dollar, Stocks Slide Bitcoin Shines Amid Recession Fear

XRP price is by 40% over the last 30 days. It is trading at an average price of $0.509, at the press time. This surge comes in as the Ripple Vs SEC lawsuit verdict closes in.

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.