The crypto market cap surged to $3.57 trillion, driven by a 2.07% increase. The cryptocurrency total trading volume stood at $161.68 billion, up 3.52% in the last 24 hours. Trading volumes for stablecoins accounted for 90.

XRP is witnessing the fastest observed rally since the altcoin boom of January 2018, according to a popular market analysis tool called the relative strength index (RSI). The measure oscillates between 0 and 100, measuring the speed and change of price movement over specific periods, typically 14 days or 12 months.

These past few days have raised many concerns among crypto investors since the values of many cryptocurrencies have dropped significantly. According to CoinMark

XRP has now risen about 40% over the past week, and “has really got legs,” market strategist Louis Navellier wrote Thursday. “It has been identified as the crypto of prefere