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Crypto Armageddon: Over $200 billion wiped off in the Crypto market

A significant number of investors in the crypto market have had their accounts liquidated amid the sudden drop seen in a number of altcoin assets. For the day, about 1,018,638 investors had their account worth about $10 billion liquidated. The largest single liquidation order happened on Binance-BTC valued at $68.73 million. The flagship altcoin is under high selling pressure with Ethereum trading at $1,952 at the time of writing this report, down 21.46% for the day. It is the biggest daily dr...
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Why Analysts Say It's 'Still Very Early' As Ripple (XRP) Breaks Out Of 3-Year Downtrend

Ripple’s native cryptocurrency XRP has rallied over 80% in the past two days, with the past 24-hours alone accounting for a 40% surge in price. What Happened: The cryptocurrency broke out of a three-year downtrend against Bitcoin, crossing $1.00 for the first time since 2018, and reached a high of $1.10 earlier today. Several crypto traders took to Twitter to highlight the bullish market structure surrounding the coin’s unexpected rise. Not for nothing, $XRP technically has taken all neces...
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