Altcoins News

Story: XRP Jumps 7% as Crypto Market Rebounds and Trump Media Buys $2B in Bitcoin

By Sakamoto Nashi

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The cryptocurrency market is showing renewed strength after a shaky start to the week, with XRP emerging as one of the top performers.

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The global crypto market cap has grown by nearly 2% in the last 24 hours, now standing at approximately $3.73 trillion.

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XRP surged 6.65% to trade around $3.01, leading the charge among top altcoins. This rally not only marks a short-term comeback for XRP but also reignites interest in tokens with…

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XRP’s sharp movement also comes as it reclaims key support levels, drawing attention from technical traders and retail buyers alike.

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Bitcoin and Ethereum Show Signs of Stability

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Bitcoin (BTC) is showing a mild recovery after recent volatility. The price rose 1.16% in the past day to cross the $114,700 mark.

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While the short-term trend remains uncertain, Bitcoin continues to trade comfortably above its 200-day moving average — a sign that the longer-term outlook is still bullish.

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Ethereum (ETH) saw a more notable uptick, rising 3.69% to above $3,570. As the second-largest crypto by market cap, Ethereum’s price action often influences the broader altcoin…

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The bullish momentum wasn’t limited to the largest coins. Several altcoins also registered strong gains:

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Cardano (ADA): Gained 3.76%, rebounding after a slow week.

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Dogecoin (DOGE): Rose 3.37%, pushing above its recent resistance.

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Solana (SOL): Added 2.29%, extending its weekly gains to over 14%.

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Stellar (XLM): Surged by 10.36%, one of the biggest movers of the day.

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This altcoin rally points to growing confidence in high-beta assets, which tend to move more sharply than Bitcoin during periods of rising market optimism.

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A major factor behind today’s surge is the decision by Trump Media & Technology Group to significantly increase its Bitcoin holdings.

The Currency Analytics

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