Summary
- Ripple has reportedly surpassed $3.15, reaching an all-time high.
- It was stated that the U.S. November Consumer Price Index (CPI) meeting market expectations contributed to Ripple's upward trend.
- Ripple has reportedly become the most popular cryptocurrency globally, surpassing Bitcoin.
Ripple has surpassed its all-time high.
As of 8:15 AM on the 16th, Ripple is trading at $3.16, a surge of 18.72% compared to the previous day, according to CoinMarketCap.
In recent weeks, Ripple has been the most notable cryptocurrency. Even as Bitcoin (BTC), the leading cryptocurrency, has been hesitant due to macroeconomic indicators such as inflation concerns, Ripple has continued its solo rally. On this day, the U.S. November Consumer Price Index (CPI) met market expectations at 2.7%, leading to an overall market uptrend, which further supported Ripple's rise.
In fact, according to an analysis by the cryptocurrency media outlet Cointelegraph on Google Trends, Ripple has surpassed Bitcoin as the most searched cryptocurrency globally as of January 15.
However, it has yet to achieve an all-time high on domestic exchanges. In 2018, Ripple was traded at 4,925 KRW on domestic exchanges.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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