• XRP and ETH are in a tight race to attract capital from Bitcoin as market sentiment turns cautious.
  • XRP has the potential to carve out its own asset class distinct from BTC by 2025.

Once again, the crypto market’s resilience is being tested as the FOMC wraps up 2024 with a “speculative” twist. The third and final interest rate cut of the year—also the third in just four months—sparked a sharp sell-off in Bitcoin [BTC]. A long red candlestick erased five days of gains, dragging BTC’s price below the critical $100K mark.

But this might just be the start. The Fed’s “cautious” stance hinted that Trump’s conservative policies could lead to higher inflation in the months ahead.

Investors didn’t take the news well. As the market dipped, some altcoins took double-digit hits, but the top coins stood firm, suggesting a strong rebound is likely.

Here’s the interesting part: when it came to riding the “Trump pump,” Ripple [XRP] emerged as the big winner. Does this give XRP an edge in its battle against Bitcoin and Ethereum

The game is on!

Right now, XRP is experiencing a surge in sell-offs across multiple metrics.  It’s clear that XRP hasn’t stayed immune to the market turmoil. In fact, the $3 mark is slipping further out of reach, with XRP currently priced at $2.30 (at the time of writing).

But all is not lost. December began on a strong note for XRP, with the coin posting four consecutive green candles, each marking nearly a 15% gain and closing near $2.80 – a level it hasn’t reached in three years. So, distrib


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Author: Ripley G

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