Cryptocurrency prices are on the rise again, with Bitcoin nearing $32,000 per coin and XRP experiencing a 100% intraday rally. This sudden change could be part of a perfect storm brewing in the crypto market, leading to a dramatic recovery and new all-time highs.
XRP's recent victory in being labeled "not a security" by the SEC has caused a rush into other altcoins, which are currently priced at a great value compared to their 2021 all-time highs. Additionally, oversold conditions and thinner order books could make prices move with just a small influx of money.
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