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XRP surged over 75% today as it became the world's second largest cryptocurrency by market capitalization for a brief period.
The parent company of Brazil's largest independent broker is setting up a cryptocurrency exchange, Bloomberg reports.
Issuance of tether (USDT), the controversial stablecoin, has had no meaningful impact on the price of bitcoin, a newly published academic study found.
BTC has bounced back into bullish territory over $6,700 amid increased investor interest in altcoins.
Executives from several bitcoin mining firms have said at Consensus Singapore that they are not concerned by current low crypto prices.
XRP is a standout performer today in the cryptocurrency market as its price boasts double-digit percent gains for the second time this week.
Bitcoin's rebound from the five-week low of $6,100 has saved the day for the bulls and kept range-bound trading conditions intact.
Bitcoin's volatility was on full display Wednesday when its price swung in a dramatic fashion.
XRP is reporting double-digit gains today, despite a generally bearish trend across the wider crypto markets.
Bitcoin's drop to $6,200 on Monday has increased the odds of a move toward key support below $6,000.