Ripple Labs CEO Predicts Crypto Market Capitalization to Reach USD 5 Trillion in 2024
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Ripple Labs CEO Predicts Crypto Market Capitalization to Reach USD 5 Trillion in 2024
The prices of Bitcoin and other top cryptocurrencies were observed to experience mixed movements on Monday (8/4/2024). The majority of top cryptocurrencies were observed to be still in the green zone.
Based on data from Coinmarketcap, the cryptocurrency with the largest market capitalization, Bitcoin (BTC), is strengthening again. Bitcoin rose 1.39 percent in 24 hours, but is still down 2.19 percent on the week.
Currently, the price of Bitcoin is at USD 69,365 or the equivalent of IDR 1.10 billion (assuming an exchange rate of IDR 15,887 per US dollar).
Ethereum (ETH) also strengthened. ETH rose 1.48 percent in the past day, but still fell 6.20 percent for the week. That way, currently ETH is at the level of IDR 54.1 million per coin.
The next crypto, Binance coin (BNB) is still weakening. In the last 24 hours BNB fell 0.51 percent and 4.17 percent for the week. This makes BNB priced at IDR 9.25 million per coin.
Then the Cardano (ADA) crypto is still in the green zone. ADA strengthened 0.69 percent in the last 24 hours, but is still sluggish 9.51 percent for the week. That way, ADA is at the level of IDR 9,314 per coin.
Meanwhile, Solana (SOL) is still strengthening. SOL edged up 0.88 percent in a day, but still fell 9.97 percent in a week. Currently, the price of SOL is at the level of IDR 2.84 million per coin.
XRP was observed to still be in the green zone. XRP rose 0.37 percent in 24 hours, but was still down 5.56 percent on the week. In this way, XRP is now priced at IDR 9,407 per coin.
Meme coin Dogecoin (DOGE) is still going strong. In the last day DOGE flew 7.90 percent, but still weakened 10.10 percent a week. This makes DOGE trade at IDR 3,169 per token.
Today's crypto prices, stablecoin Tether (USDT) and USD coin (USDC) both strengthened 0.01 percent. This means that the prices of both of them remain at the USD 1.00 level
Meanwhile, Binance USD (BUSD) strengthened 0.01 percent in the last 24 hours, leaving its price still at the USD 1.00 level.
Meanwhile, today's overall crypto market capitalization is at USD 2.59 trillion or the equivalent of IDR 41,149 trillion.
Ripple Labs CEO Predicts Crypto Market Capitalization to Reach USD 5 Trillion in 2024
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