Bitcoin & Ripple Summary (February 17, 2024):

Bitcoin:

Price: Started at $52,009, currently at $51,700 (down 0.40%).

News: MicroStrategy stock up as Bitcoin recovers, price briefly dropped below $51,000.

Ripple (XRP):

Price: Gradual increase recently, but belum surpassing 200-day moving average ($0.53).

USD Pair: Facing resistance at $0.6 zone.

BTC Pair: Fell below 1800 Satoshi resistance, further bearish potential.

News: Positive legal developments, strategic acquisition in US, market cap rise of $2.5 billion in 24 hours.

Overall: Positive outlook long-term, cautious optimism short-term. Ongoing SEC lawsuit remains key factor.

Additional notes:

Crypto markets remain volatile, conduct your own research before investing.

MicroStrategy and institutional investors can influence both coins.

Keep an eye on XRP's legal battle and potential ETF approval.

$XRP $BTC #BTC #XRP #Write2Earn