Ethereum News

Rumors send XRP price, volume soaring

CoinDesk Consensus


CoinDesk Consensus

The cryptocurrency market cap saw net inflows of $14.3 billion over the last 24 hours and currently stands at $1.18 trillion – up 1.2% from $1.16 trillion.

During the reporting period, the market caps of Bitcoin and Ethereum increased by 0.4% and 1.7% to $544.4 billion and $219.4 billion, respectively.

The top 10 cryptocurrencies recorded gains over the last 24 hours, except for BNB  — which fell 2.4%. However, XRP leads the gainers, posting 15.7% gains, followed by Cardano, up 9.9%. Market leader Bitcoin stayed flat, with buy-side bias, recording just 0.4% gains.

Top 10 cryptocurrencies

In the last 24 hours, the market cap of Tether (USDT) increased to $77.56 billion. Meanwhile, USD Coin (USDC) fell to $35.2 billion, and Binance USD (BUSD) held flat at $8.1 billion.


In the last 24 hours, Bitcoin increased by 0.4% to trade at $28,150 as of 07:00 ET. Its market dominance fell to 46.3% from 46.5%.

During the reporting period, Bitcoin peaked at $28,441 before trending lower. After finding a local bottom of $27,901, the leading cryptocurrency crept marginally higher.

Bitcoin chart


Over the last 24 hours, Ethereum grew 1.7% to trade at $1,791 as of 07:00 ET. Its market dominance increased to 18.6% from 18.5%.

During the reporting period, Ethereum topped out at $1,840, and the ensuing downtrend bottomed at $$1,782. The second-largest cryptocurrency moved into a tight trading range between $1,783 and $1,814.

Ethereum chart

Top 5 Gainers


VBG is the day’s biggest gainer, rising 56.1% over the reporting period to $0.96734 as of press time. The project recently announced the development of its DAO community and “enterprise cooperation.” Its market cap stood at $138.18 million.


XRP gained 16.6% to $0.45406 as of press time. There are no confirmed significant fundamental developments, but rumors talk of the imminent end of the SEC lawsuit and increased whale activity. Volume is up 325% over the last 24 hours. Its market cap stood…

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