The global digital asset market is on a surge as investors’ sentiment turns positive after U.S. consumer price jumped less than expected in March. This signaled that the Fed is likely to stop hiking rates after a possible rise in May. Amid the recent surge, Ripple’s native token, XRP price emerged as the leading gainer among the top altcoins.
As per the data, XRP price managed to surge by more than 40% over the past 30 days. This spike came amid the erupting banking crisis where inverters turned towards crypto assets. It is important to note that, the XRP has managed to outperform Bitcoin (BTC), the biggest crypto during this period.
Bitcoin price is up by over 35% in the last 30 days. After hovering around the $27K-$29K price level, BTC finally breached the $30k price level.
(By Ashish Kumar)
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