XRP risen to become top-performing crypto major in last 24 hours

[Arianabell]

According to CoinGecko data, prices rose by almost 11% before somewhat declining on Monday. Trading volumes jumped to $2 billion from $1 billion on Sunday. XRP was the fourth-largest cryptocurrency by market capitalization as of the time of writing, surpassing BNB at 69 cents. Information reveals that the gains were mostly driven by spot trades when liquidations on XRP-tracked futures exceeded a little over $4.4 million. A sizable quantity of liquidation would have indicated that prices were raised by the use of significant leverage.

 

[ImamShaheb]

Not only XRP/BNB... Alts are showing huge strength!

 

[otisbrown723]

XRP risen to become top-performing crypto major in last 24 hours. Liquidations on XRP-tracked futures seem to have played a role in driving up prices. It's fascinating how different factors can impact the crypto market.