Massive Crypto Rally: Bitcoin Tops $35,000 While XRP Surpasses $0.55

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Amid Bitcoin's surge past $35,000, other top cryptocurrencies also mark their presence

Ethereum follows closely with a price of $1,807 and a 7.2% gain. Other major players include BNB, valued at $227 with a 3.2% growth, and XRP, standing at $0.54, after witnessing a 2.0% ascen and surpassing the $0.55 level.

A recent report by CoinShares highlights that institutional crypto products have shown positive inclines for four consecutive weeks. These products, distinct from direct crypto holdings, are exchange-traded products that track cryptocurrency values and are provided by companies such asThis affected a massive count of 94,693 traders, with the most substantial single liquidation order, a $9.98 million transaction, taking place on the Binance BTCUSDT pair.

 

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