Bitcoin (BTC) Hits New ATH Amid Crypto Bull Market, XRP Gains Momentum
The global crypto realm has closed another week, with remarkable advancements witnessed across the broader sector. Bitcoin (BTC) price pumped to attain a new ATH
output: CoinGape Highlights: BTC Hits New ATH, XRP Gains Momentum, DOGE Surges & More
The global crypto realm closed another week, with remarkable advancements witnessed across the broader sector. Bitcoin (BTC) price pumped to attain a new ATH, whereas the broader market mirrored optimism.
Simultaneously, Ripple’s XRP achieved unprecedented levels, sparking market discussions. Moreover, Dogecoin echoed optimism across the broader market amid D.O.G.E-related developments.
Here's a brief report on some of the top crypto market headlines reported by CoinGape Media in the past seven days.
Bitcoin Hits New ATH Amid Crypto Bull Market
Notably, this week saw BTC price attain a new height of $93,434.36, sparking a tidal wave of optimism among market investors. The coin soared in tandem with increased institutional interest post-U.S. elections, as seen with Bitwise hitting $10 billion in client assets under management.
Further, amid the flagship crypto's bullish movement, top trader Peter Brandt and investment firm Bernstein predicted BTC price rally to $200K. However, it's also noteworthy that BTC witnessed slight turbulence this week, attributable to macroeconomic events.
The US CPI inflation rose to 2.6%, raising investor concerns over future movements. Nevertheless, the market closes this week in a bullish state.
XRP Gains Momentum, Surges Over 20%
While BTC price scaled new heights, XRP also achieved remarkable gains, surging over 20% to attain a price of $0.83 by the weekend. This bullish momentum propelled XRP to achieve its highest price point since May 2018.
The coin's price surged following a legal victory for Ripple in the ongoing SEC lawsuit, with the court granting Ripple access to internal SEC documents pertaining to XRP. This development sparked optimism among XRP holders.
Additionally, a recent report by Messari highlighted XRP's potential to surge to $10 in the event of a favorable SEC verdict. However, it's crucial to note that XRP faced slight turbulence on Friday as a result of macroeconomic events.
DOGE Surges on New Developments, Elon Musk Tweet
Amidst the broader crypto market optimism, Dogecoin also echoed bullish sentiments with new developments and a mention by Tesla CEO Elon Musk.
This week, D.O.G.E encountered a price surge following an announcement by cryptocurrency exchange Binance regarding the addition of DOGE to its Pay service. This service enables users to make payments in cryptocurrencies.
Furthermore, Musk tweeted about DOGE once again, stating that he's working with DOGE developers to "improve system transaction efficiency." This statement sparked another wave of optimism among DOGE investors.
However, on Friday, DOGE faced a slight setback due to macroeconomic events, impacting the broader crypto market. Despite this, DOGE remained in a bullish state throughout the week.
The above is the detailed content of Bitcoin (BTC) Hits New ATH Amid Crypto Bull Market, XRP Gains Momentum. For more information, please follow other related articles on the PHP Chinese website!
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Notepad++7.3.1
Easy-to-use and free code editor
SublimeText3 Chinese version
Chinese version, very easy to use
Zend Studio 13.0.1
Powerful PHP integrated development environment
Dreamweaver CS6
Visual web development tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
Hot Topics
Ouyi Ouyi Ouyi Ouix Ouyi Global Station Login Home Page
Apr 21, 2025 pm 11:57 PM
Ouyi OKX is the world's leading digital asset trading platform. 1) Its development history includes: it will be launched in 2017, the Chinese name "Ouyi" will be launched in 2021, and it will be renamed Ouyi OKX in 2022. 2) Core services include: trading services (coin, leverage, contracts, DEX, fiat currency trading) and financial services (Yubibao, DeFi mining, lending). 3) The platform's special functions include: market data services and risk control system. 4) Core advantages include: technical strength, security system, service support and market coverage.
How to trade quantum chains
Apr 21, 2025 pm 11:42 PM
The quantum chain (Qtum) transaction process includes three stages: preliminary preparation, purchase and sale. 1. Preparation: Select a compliant exchange, register an account, perform identity verification, and set up a wallet. 2. Purchase quantum chains: recharge funds, find trading pairs, place orders (market orders or limit orders), and confirm transactions. 3. Sell quantum chains: Enter the trading page, select the trading pair and order type (market order or limit order), confirm the transaction and withdraw cash.
What does cross-chain transaction mean? What are the cross-chain transactions?
Apr 21, 2025 pm 11:39 PM
Exchanges that support cross-chain transactions: 1. Binance, 2. Uniswap, 3. SushiSwap, 4. Curve Finance, 5. Thorchain, 6. 1inch Exchange, 7. DLN Trade, these platforms support multi-chain asset transactions through various technologies.
The latest updates to the oldest virtual currency rankings
Apr 22, 2025 am 07:18 AM
The ranking of virtual currencies’ “oldest” is as follows: 1. Bitcoin (BTC), issued on January 3, 2009, is the first decentralized digital currency. 2. Litecoin (LTC), released on October 7, 2011, is known as the "lightweight version of Bitcoin". 3. Ripple (XRP), issued in 2011, is designed for cross-border payments. 4. Dogecoin (DOGE), issued on December 6, 2013, is a "meme coin" based on the Litecoin code. 5. Ethereum (ETH), released on July 30, 2015, is the first platform to support smart contracts. 6. Tether (USDT), issued in 2014, is the first stablecoin to be anchored to the US dollar 1:1. 7. ADA,
Litecoin (LTC) price drops sharply to $65
Apr 21, 2025 pm 06:15 PM
Litecoin (LTC) price plummeted to $65 in early April, down nearly 7.5% in a week, echoing the plunge in the wider cryptocurrency market. The market crash caused billions of dollars to evaporate market value, Bitcoin (BTC) fell below $75,000, and altcoins generally fell. Macro factors such as rising U.S. Treasury yields and expected interest rates appear to intensify risk aversion in global markets. In addition, the large outflow of funds from Bitcoin spot ETFs further hits the confidence of retail investors and institutional investors. Against this backdrop, Litecoin is once again facing its long-term resistance level - the 200-week exponential moving average (EMA). The EMA had suppressed LTC prices in July 2023, when the price was close to $88. Historically, LTC and the
What are the hybrid blockchain trading platforms?
Apr 21, 2025 pm 11:36 PM
Suggestions for choosing a cryptocurrency exchange: 1. For liquidity requirements, priority is Binance, Gate.io or OKX, because of its order depth and strong volatility resistance. 2. Compliance and security, Coinbase, Kraken and Gemini have strict regulatory endorsement. 3. Innovative functions, KuCoin's soft staking and Bybit's derivative design are suitable for advanced users.
Ranking of the top ten digital currency exchanges The latest list of top ten virtual currency trading software platforms
Apr 22, 2025 pm 01:15 PM
The top ten digital currency exchanges are: 1. Binance, 2. OKX, 3. gate.io, 4. Coinbase, 5. Kraken, 6. Bitfinex, 7. Huobi, 8. KuCoin, 9. Bitstamp, 10. Gemini, these platforms are highly regarded for their high liquidity, extensive trading pairs, relatively low transaction fees, multi-level security measures, and a friendly user interface.
Ranking of leveraged exchanges in the currency circle The latest recommendations of the top ten leveraged exchanges in the currency circle
Apr 21, 2025 pm 11:24 PM
The platforms that have outstanding performance in leveraged trading, security and user experience in 2025 are: 1. OKX, suitable for high-frequency traders, providing up to 100 times leverage; 2. Binance, suitable for multi-currency traders around the world, providing 125 times high leverage; 3. Gate.io, suitable for professional derivatives players, providing 100 times leverage; 4. Bitget, suitable for novices and social traders, providing up to 100 times leverage; 5. Kraken, suitable for steady investors, providing 5 times leverage; 6. Bybit, suitable for altcoin explorers, providing 20 times leverage; 7. KuCoin, suitable for low-cost traders, providing 10 times leverage; 8. Bitfinex, suitable for senior play