Driven by major market shifts, XRP surged above $2, reaching its highest level since the end of last year. Over $250 million in short positions were liquidated, with prices spiking sharply after major options expired. Notably, the USD to XRP trading volume on Coinbase soared over 300%, indicating new capital inflows rather than rotation from other cryptocurrencies. Analysts suggest that the breakout from multi-year consolidation could signal that, as Bitcoin stabilizes in 2026, capital will flow into altcoins like XRP.

XRP0,28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)