Why is the Crypto Market Going Up Today? XRP Price Hits $3, ETH Rallies

The cryptography market is experiencing a strong upward movement today, with climbing prices through the main parts. During the last 24 hours, total market capitalization increased to around 3.83 billions of dollars, up 2.75%. Ethereum also makes the headlines, jumping almost 6% in one day. It is now negotiated at $ 3,821 with a market capitalization of $ 461 billion. Experts are now looking for a possible break up to $ 4,000, which could lead to a thrust to $ 4,400 or more.
One of the biggest titles of the day comes from Ripple. Ripple has agreed to acquire a rail of the Stablecoin platform worth $ 200 million. This decision is considered to be part of Ripple’s wider thrust in the StableCoin market and the payment infrastructure. After the news, XRP jumped 3% in 24 hours and is now negotiated at $ 3.04.
Some analysts say it could push XRP even higher, especially if the acquisition leads to new partnerships or to regulatory clarity.
Bitcoin is currently negotiated at $ 116,474, up almost 2%. Although its pace is slower compared to altcoins, Bitcoin remains strong with a market capitalization of more than 2.3 billions of dollars. A net break greater than $ 120,000 could arouse new purchasing interests.
On the market, other best altcoins are also starting to increase. Solana has climbed $ 170, Dogecoin is now more than $ 0.21 and Cardano is negotiated at $ 0.76. SU has increased to $ 3.72 and ChainLink is $ 17.62 with a high gain of 7% today.
The index of fear and greed is 54 years old, showing a neutral feeling. However, the growing interest in Altcoins pushes the Altcoin season index up to 36, suggesting that more traders explore tokens beyond bitcoin.