- XRP once again bucks the trend on the back of the crypto market which today dipped 0.34% to $1.64.Leading digital currencies Bitcoin and Ethereum decline.
- Overall top cryptocurrencies rise by 1.64% while other top cryptocurrencies reduce in value.
- Bitcoin and Ethereum had a dip in their value with bitcoin being down by 0.22% and ethereum being down by 0.31% while Stablecoins maintained stability.
For the past one day of the top ten cryptocurrencies,only XRP has registered a positive percentage increase. At the same time, XRP has been able to show slight growth of 1.64%. This makes it an exception in the overall trend of the majority of the leading digital currencies. As for market leaders, Bitcoin (BTC) and Ethereum (ETH) lost while XRP’s ability to withstand a downturn suggests that it may be one of the strongest assets within the market. This trend is gaining interest of traders and investors as the majority of top cryptocurrencies have been at slight declines in the same period.
#XRP beats them all! The only crypto from the top 10 with gains in the last 24 hours!
Retweet if you have diamond hands! 🚀🚀🚀 pic.twitter.com/wxkNBo2E8r— Collin Brown (@CollinBrownXRP) September 15, 2024
The cryptocurrency market saw a decrease across various tokens. Bitcoin, leading the pack, dropped by 0.14%, stabilizing at around $60,139. Ethereum also recorded a 0.40% decline, with its value at $2,417.36. Other major coins, such as Binance Coin (BNB) and Solana (SOL), followed this downward trend, losing 0.26% and 1.50%, respectively. However, XRP managed to rise, offering hope to those seeking positive movement in the otherwise red-dominated charts.
Stablecoins ,their Stability and Market Performance
Other popular stablecoins like Tether (USDT) and USD Coin (USDC) remained stable and were valued approximately at $1.00. Whereas, USDT was slightly down by 0.01%, USDC held its position without making any fluctuations. The fluctuations in these stable coins show the behavior of these coins which is generally stable with little change in values. These coins are usually considered as safe-haven investments from which investors can shift when there are changes in the market .
Read CRYPTONEWSLAND on
google news
Other cryptos have also been affected by the decline seen in the broader market as stated earlier. The prices of DOGE, TON, and TRX were down; DOGE and TON registered a 1.45% and 1.82% drop in their prices. Nonetheless, the 1.64% surge has put XRP in the central stage in today’s market performance considering that it is able to move up despite pressures from the rest of the market.
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
