Bitcoin (BTC) $101,851.7 price At the time of writing, it is at the $ 105,000 level and close to the daily peak. With hours left on Friday, the comfort of having a crypto-friendly US administration excites investors. Since the beginning of 2022, cryptocurrency investors have not been able to experience a real rise period that lasted long enough. Maybe they deserve it now? Alright XRP Coin?
Will XRP Coin Surpass Ethereum?
Negentropic was the second person to say this in the last few days. ETH price While we are stagnating, BTC is breaking records and XRP Coin is at levels it has not seen in over 7 years. Someone is slowly telling the markets that XRP Coin is Ethereum in terms of market cap. $3,404.7It instills the idea that you can catch up. Negentropic wrote:
“XRP It has increased by 40% from its lowest level and ranks 3rd by market value. Could it reverse ETH?
Figures:
ETH market cap: $405B
XRP market value: $191 billion
For XRP to convert ETH: XRP needs 2x as ETH stagnates.
The Rise of XRP:
Market value as of November 2023: $28B
Now: $191 billion (7x increase!)
Thanks to the “Trump Pump”, XRP’s momentum is undeniable.
But will it surpass ETH this cycle, or is it just FOMO?
XRP It is often seen as a gateway to CBDCs – a direction many are hesitant to embrace. “Its trajectory is worth watching closely.”
Bitcoin (BTC)
It reached $105,000 and closes above $105,300 will show how hungry the bulls are for new ATH in the short term. Trump’s inauguration is not a simple thing, and after cryptocurrencies have experienced many fake rises, we should now see a real rise.
Ali Charts takes the courage from the cup handle model below. BTC He claims that the price could make a major peak up to $276,400.
Phoenix, on the other hand, hopes that if we see closings above $ 104,500, the BTC price will move towards $ 110,000. However, such movements generally do not occur in a single 4-hour candle and intermediate corrections may be seen.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.