XRP steadies above $0.54, Ripple announces exchange partners at Swell 2024
Ripple (XRP) holds steady above key support at $0.54 on Tuesday as payment remittance firm Ripple makes announcements regarding exchange partners for its stablecoin RLUSD that is in the final stages of its launch.
Bitcoin trades at $65,777, down less than 1% on the day. Larry Fink, the CEO of asset management giant BlackRock, said that Bitcoin is an asset class in itself. The executive talks about institutions allocating capital to BTC, saying it reminds him of the early days of the mortgage market. Now at $11 trillion in market cap, Fink doesn’t think the outcome of the US Presidential election will make a difference to BTC.
Solana (SOL) sees a volatile trade on Tuesday, with a whipsaw move in the early American session. After recovering initial daily losses and extending its recent upward move aiming to recapture the $160 level, SOL’s price sharply declined in the last hour. At the time of writing, SOL trades at $151.69, erasing nearly 4% value in the day.
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