XRP has seen a notable surge of 17%, significantly outperforming the rest of the cryptocurrency market as a broader rally appears to cool down. This impressive rise places XRP in the spotlight as investors keenly observe market movements.
Meanwhile, a trader maintains an optimistic stance on Bitcoin, believing that a target of $120K is still achievable. This assertion adds an interesting layer to ongoing discussions about Bitcoin's potential in the future.
QCP Capital traders shared their insights, suggesting that the underlying strength observed in Bitcoin is a reflection of a systematic shift in the market. This shift is reportedly fueled by anticipation regarding the possible return of former President Trump to office, which could have implications for the cryptocurrency landscape.
