Ripple (XRP) Price applies strongly compared to a wider Altcoin Meltdown

Ripple (XRP) Price applies strongly compared to a wider Altcoin Meltdown

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The bears have a field day and push the total market capitalization of cryptocurrency with more than $ 130 billion.

This comes on the back of considerable losses from Bitcoin, which fell by 3% for the past 24 hours. However, the majority of the Altcoins have it much worse.

Ethereum drops by 6%, BNB by 4.5%, SOL – by 5%, while many of the large caps act with discounts larger than 4%.

Source: Quantifying Crypto

That said, there are only two tokens in the top 50 that map out nominal profits – Toncoin and Ena.

Ripple’s XRP retains very strongly compared to the rest of the market and apparently retains its land and only falls 1.2% in the meantime. As Cryptopotato Earlier today, XRP reported a remarkable increase in interest in the US in the second quarter, as according to the Q2 report by Coinbase. According to the release, the Altcoin ETH surpassed by trading income, which emphasizes the increase in popularity and appreciation.

Today’s worst performer is hype, who fell by no less than 11%, followed by Curve Dao (CRV) and SPX6900 (SPX), both of which lost around 7.5%.

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