Bitcoin’s Chop Continues, XRP Gains as Ripple v. SEC Trial Begins, and More: This Week’s Crypto Recap

The market continues to chop, clearly unable to pick a definitive direction throughout the past seven days. The total capitalization currently stands at around $2.5 trillion, more or less where it was during the same time last week. However, there’s been substantial volatility, sending many leveraged traders into liquidations. Let’s have a look.

Both of these were unsuccessful. It appears that this gave the bears a lot of confidence, and they pushed the price back toward the lower spectrum of the range. Bitcoin currently trades at around $64K.For example, ETH is up 1.1% during the same period, XRP gained more than 4%, SHIB skyrocketed by 9.2%, TRX – by 8.8%, and so forth. BNB is the largest top-performing altcoin, increasing by almost 8% in the past seven days.

With over a week after the Bitcoin halving, it’s interesting to see how the market will develop in the near future. If one thing is sure, it’s that boring days are a rarity in the industry, and there might be a surge of volatility right around the corner.BTC: $64,351 | ETH: $3,140 | BNB: $603 Tether CEO: Bitcoin Is the Most Beautiful Currency in the World .

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