Bitcoin Stable Around $54500 While XRP Skyrockets 50% Weekly (Market Watch)

However, the asset continues to be outperformed by most alternative coins, and its dominance is down to 48%.

After dipping below $2,000 a few weeks back, the second-largest cryptocurrency by market cap has been on a roll.

The primary cryptocurrency went to a weekly high at $56,500 a couple of days ago following rumors that Facebook might have bought some.

However, bitcoin bounced off at that point and added more than $2,000 of value.

The metric comparing BTC’s market capitalization with all other crypto assets is down to 48%.

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