Editor's PiCK

XRP Reclaims 3rd Place in Market Cap, Surpassing Tether (USDT)

Source
Son Min

Summary

  • Reported that XRP has reclaimed 3rd place in cryptocurrency market capitalization, surpassing Tether (USDT).
  • Stated that the U.S. SEC's withdrawal of its appeal against Ripple influenced XRP's market cap ranking increase.
  • Reported that Ripple's price is trading at $2.55 on Binance's USDT market, up 13.62% compared to 24 hours ago.

XRP has reclaimed the 3rd position in total cryptocurrency market capitalization, surpassing Tether (USDT).

According to CoinMarketCap on the 19th (local time), XRP's market cap exceeded $149.29 billion, ranking it 3rd in overall cryptocurrency market capitalization. This was influenced by the U.S. Securities and Exchange Commission (SEC) withdrawing its appeal against Ripple.

Previously, Ripple CEO Brad Garlinghouse announced via X that "the U.S. SEC will withdraw its appeal, which represents an overwhelming victory for Ripple and the cryptocurrency industry."

As of 11:28 PM, XRP is trading at $2.55 on Binance's USDT market, up 13.62% compared to 24 hours ago.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?