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Bitcoin And XRP's Prices Dip After Record Rallies

Emily Mason

Summary: Total market capitalization for crypto has increased by $100 billion in the last 48 hours, however Bitcoin's rally has slowed slightly, as reported by Decrypt. Bitcoin is down a little more than half a percent and is trading hands at $22,600. XRP, the third largest cryptocurrency by market cap is down nearly 12% and its price is just ...

Total market capitalization for crypto has increased by $100 billion in the last 48 hours, however Bitcoin's rally has slowed slightly, as reported by Decrypt.

Bitcoin is down a little more than half a percent and is trading hands at $22,600. XRP, the third largest cryptocurrency by market cap is down nearly 12% and its price is just above $0.50. Ripple's price saw upswing earlier this month ahead of the SPARK airdrop, but the excitement quickly died.

However, Bitcoin is still reporting some strong metrics. The Crypto Fear and Greed Index shows that there is "extreme greed" in the market with traders currently at a 95 on a scale of 1 to 100.

By Emily Mason

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