Milestone of $3 trillion returns to the crypto market overnight. $XRP wipes out the $1.50 level.
On the evening of Sept 22, the total market capitalization of the crypto market rose back above the $3 trillion mark for the first time in many weeks. $BTC pushed up to the $87,000 zone, the highest level in many weeks.
$XRP was even stronger—breaking straight through the $1.50 level and then hitting a peak of $1.61.
Cointelegraph and FXStreet attribute the rally momentum to ETF inflows arriving at the same time, when altcoins burst into strength, lifting the entire market rather than just BTC.
The only thing is that by the end of the day, prices cooled down—BTC slipped back to around $86,200. The $3 trillion milestone feels like “touch and retreat,” not yet firmly holding.
If you’re holding altcoins, that’s great news, but liquidity like this can trigger a fast pullback just as quickly as the rise.
Most worth watching today: whether BTC can hold above $86,000—or whether it falls back into the old range.
Personal observation, not investment advice
#BTC #XRP #Crypto #CryptoNews
On the evening of Sept 22, the total market capitalization of the crypto market rose back above the $3 trillion mark for the first time in many weeks. $BTC pushed up to the $87,000 zone, the highest level in many weeks.
$XRP was even stronger—breaking straight through the $1.50 level and then hitting a peak of $1.61.
Cointelegraph and FXStreet attribute the rally momentum to ETF inflows arriving at the same time, when altcoins burst into strength, lifting the entire market rather than just BTC.
The only thing is that by the end of the day, prices cooled down—BTC slipped back to around $86,200. The $3 trillion milestone feels like “touch and retreat,” not yet firmly holding.
If you’re holding altcoins, that’s great news, but liquidity like this can trigger a fast pullback just as quickly as the rise.
Most worth watching today: whether BTC can hold above $86,000—or whether it falls back into the old range.
Personal observation, not investment advice
#BTC #XRP #Crypto #CryptoNews
