The cryptocurrency was trading near $0.35 soon before press time, representing a nearly 50% gain on a 24-hour basis.
As a result, XRP‘s market capitalization has increased to $33.88 billion, moving it above litecoin as the fourth-largest cryptocurrency, according to CoinDesk 20 data. Other cryptocurrencies such as bitcoin, ether, and litecoin are also trading higher. Bitcoin rose to fresh record highs above $38,000 early today.
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