RATE Group | Ripple’s XRP is a star, Bitcoin lags behind
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Ripple’s XRP is a star, Bitcoin lags behind

07 Oct Ripple’s XRP is a star, Bitcoin lags behind

Posted at 12:21h in Bitcoin News by

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  • Bitcoin has regained some ground after a sell-off during early Asian hours.
  • XRP is the best-performing asset out of top-20 with over 9% of gains.

There is a never-ending sense of uncertainty on the cryptocurrency market Bitcoin is hovering $8,000, while some major altcoins including Ripple’s XRP demonstrate strong gains. The market capitalization of all digital assets in circulation increased to $216 billion from $216 billion on Monday morning, while an average daily trading volume edged up to $52 billion. Bitcoin is losing its market share rapidly. Now the market dominance of the world’s largest crypto coin is only 66.6% 

Top-3 coins  price overview 

BTC/USD has regained some ground though the short-term trend remains bearish. At the time of writing, the coin is changing hands at $8,050 in recent 24 hours and regained 2% since the beginning of the day. We will need to see a sustainable move above $8,000 to mitigate the initial bearish…

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