XRP has recently experienced significant growth, soaring to $1.56 as market attention turns to a potential $2 milestone. The price of XRP increased by an impressive 60% over the last 7 days, signaling strong bullish momentum in the cryptocurrency market.
This surge comes amidst Bitcoin's own rise, which saw an 8% increase over the same period. The dominant cryptocurrency, Bitcoin, is inching closer to the $100,000 mark, with its market dominance reaching 58.45%.
The bullish sentiment reflects a broader confidence within the crypto market, possibly fuelled by positive investor sentiment and market dynamics. XRP's performance is indicative of broader optimistic trends among alternative cryptocurrencies.
The anticipation of reaching a $2.00 milestone for XRP could further invigorate market interest and participation, highlighting the potential build-up of positive momentum in the near future.