XRP News Today: Bitcoin Surges 10% to $109,000, XRP Drops 0.87%, Dogecoin Loses 3-4%

Bitcoin (BTC) experienced a significant late-day breakout, surging past $109,000 before stabilizing above $108,000. This surge was driven by a sudden increase in trading volume, which propelled the price to a high near $109,500. However, Bitcoin did not sustain this peak and entered a consolidation phase, recording slightly lower highs while maintaining a position well above the earlier flat levels. The price briefly dropped to around $108,000 but quickly recovered into a narrow $108,000–$108,500 band. Trading volume decreased during this range, and the moving-average deviation settled near neutral, suggesting reduced volatility heading into the next session.

Ripple’s XRP traded within a narrow $2.17–$2.22 band as momentum cooled. XRP began the session near $2.1853 and ended around $2.1753, reflecting a mild 0.87% pullback. Price action between 5 PM and 7 PM saw an increase in trading activity that lifted XRP to just below $2.22, its highest point in the session. However, this surge did not last long, and XRP erased most of the advance in a short period. It gradually sank to the $2.17 trader level and eventually reached the support as the time approached 3 AM. A slight recovery left the price at around $2.18, but near $2.22, resistance was met. Technical indicators showed slight levels on the 12-period moving-average deviation, indicating that the existing purchasing impulse is poor and the market players are likely awaiting a firm grip before they invest in a new direction, trend-wise.

Dogecoin (DOGE) found support near $0.164 after an early sell-off. DOGE opened the session at approximately $0.1697 and moved in a flat state. The price fell off at around 3 AM and fell to the range of $0.165. This decrease came along with the surge of red volume bars, which indicates a rise in the sell-side pressure. DOGE saw a brief bounce back to around $0.166 but did not hold that level. The price slipped again, stabilizing near $0.1642 by 8 AM. This represents a 3–4% loss for the session. Volume remained steady at nearly 2.1 million, while the 12-period moving average showed little deviation. These patterns indicate that while downward pressure emerged briefly, the market may be in a wait-and-see mode with reduced momentum.

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In summary, the cryptocurrency market showed signs of synchronized momentum, with Bitcoin, Ripple’s XRP, and Dogecoin all experiencing coordinated movements over the past 12 to 24 hours. Each asset followed distinct intraday price actions but trended upward during key moments. BAY Miner Cloud Mining continued to attract attention with its advertised promise of high daily returns for crypto investors. The platform encourages daily profits reaching $20,777, boasting a high-performance infrastructure and cloud computing. Miners can begin earning without having to have or maintain any mining equipment. BAY Miner is a company that deals with daily returns that are constant in supply through pooled cloud mining. As trading in various digital assets picks up, such sites want to attract the focus of retail investors who seek access to additional sources of passive revenue. This easy setup and the assurance of payouts have made it gain popularity. Although investors have become watchdogs due to the swings in investment prices, there is BAY Miner, which aims to provide stability against the overall turbulence. With primary tokens, such as Bitcoin, XRP, and Dogecoin, trying to set new trends, cloud mining keeps offering itself as an alternative crypto involvement.