$XRP’s price can potentially benefit from additional buying pressure from crypto index funds, a falconxnetwork report said. sndr_krisztian reports
, which enjoyed sizable rallies last Thursday, completely reversed to the levels where they traded prior to the XRP ruling. MATIC and SOL are now down 5% over the week, while ADA dropped 2%.
While the rush to purchase XRP could well be mostly behind us, Lawant said, digital asset funds adding the token to their holdings could represent some buying pressure boosting its price.“XRP has a market capitalization of more than 3.5x of ADA and SOL, typically the largest constituents outside of BTC and ETH, with a weight of little over 1%,” said Lawant. “If XRP is included in the underlying indexes, the asset could represent 4-5% of the composition of the top broad crypto indexes.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Expect lane restrictions on US 60 west of Springerville July 17-20 for pavement maintenance
Weiterlesen »
Canadian wildfires put nearly 60 million US residents under air quality alerts | CNNCanadian wildfire smoke continues to plague the United States, triggering air quality alerts for at least 11 states across the northern Plains, Midwest, and Great Lakes region Sunday.
Weiterlesen »
Wildfires put nearly 60 million US residents under air quality alertsCanadian wildfire smoke continues to plague the United States, triggering air quality alerts for at least 11 states across the northern Plains, Midwest, and Great Lakes region over the weekend.
Weiterlesen »
Lilly drug slows Alzheimer's by 60% for mildly impaired patients in trialAn experimental Alzheimer's drug from Eli Lilly has shown to significantly slow the progression from the brain-wasting disease. Researchers said the treatment works best if Alzheimer's patients are treated as early as possible
Weiterlesen »