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    Vijay Gir is a Certified Blockchain Expert with over 8 years of experience in the blockchain industry. He has a deep passion for sharing his knowledge of blockchain, cryptocurrency, and web3 technologies. For the past 7 years, Vijay has been dedicated to writing about these transformative topics, helping others stay informed and understand the evolving landscape of decentralized technologies.

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    XRP Jumps 15%, Bitcoin at $98K: Big Moves Ahead?

    The crypto world is buzzing, and Bitcoinโ€™s holding strong at $98,000 is turning heads. While some coins are shooting up, others seem to be cooling off. Whatโ€™s driving this? Letโ€™s take a closer look at whatโ€™s happening in the market right now.

    Bitcoin Stays Firm at $98K

    Bitcoin is the king, and itโ€™s showing why. With a dominance of 58.59%, BTC is steady at $98,550. Its recent low was $97,222, and it almost hit $100,000, peaking at $99,655. The market cap is massiveโ€”$1.95 trillionโ€”and the daily trading volume stands at $76 billion.

    Interestingly, 22.85 million BTC flowed out of 12 ETFs in just one day. Thatโ€™s a big deal! But data from BlackRock, which many are waiting for, could add more twists to the story. For now, Bitcoin seems calm and ready to charge ahead, but itโ€™s not the only one making waves.

    XRP Is Soaring, Meme Coins Are Mixed

    XRP is the star of the day. Itโ€™s up 15% in 24 hours, trading at $1.566. Over the past month, itโ€™s skyrocketed 200%! With an $89 billion market cap and $20 billion in trading volume, itโ€™s clear that XRP is on a winning streak. For a short period today, XRP even displaced BNB and took the 5th position on coinmarket cap. At that time, BNB had $90 billion marketcap however, XRP led it by $1 billion, soon to drop back to 6th position.

    Meanwhile, meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) are having a mixed run. DOGE is up 9% at $0.42, and SHIB is trading at $0.00002698. Not bad, but not groundbreaking either. However, smaller coins like PEPE and BONK are struggling, falling as much as 8%. Itโ€™s a reminder that meme coins can be risky even when the big ones look stable.

    What to Expect

    Bitcoin and Ethereum (ETH) are holding steady, but XRPโ€™s momentum could push other altcoins higher. ETH, by the way, is also looking good with a 7% weekly gain, trading at $3,333. The marketโ€™s bullish overall, but institutional players, like BlackRock, might shake things up once their ETF data comes in. For now, itโ€™s a mix of caution and excitement.

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