Thursday, November 7, 2024
Home > News > Bitcoin News > Ripple (XRP) Snaps Losing Streak Against Bitcoin (BTC) Price; Crypto Rally Expands to Litecoin (LTC), AVAX, ADA, DOT

Ripple (XRP) Snaps Losing Streak Against Bitcoin (BTC) Price; Crypto Rally Expands to Litecoin (LTC), AVAX, ADA, DOT

While bitcoin had already broken record highs and some corners of the crypto space such as meme coins and artificial-intelligence (AI) tokens experienced exorbitant gains, XRP had so far been notably absent from the action. When measured against bitcoin, XRP prior to today’s move had slid to a 3-year low, TradingView data shows. Even with this afternoon’s big jump, XRP is now only up 17% year-to-date, substantially underperforming BTC’s 64% advance and the broad-market CryptoX 20 Index 54% gain.

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