This week has been very exciting with altcoins and bitcoin building momentum for a shift in market sentiment and crypto value. December until early April saw one of the largest corrections in Bitcoin’s history and the upcoming few months should present the perfect opportunity for a rebound of the cryptocurrency space. This week is very important for cryptocurrencies such as: Ripple (XRP), Komodo (KMD), and HireMatch (HIRE).
For the first time in months, the news coming from the crypto space is very positive. FUD seems to have subsided to a significant degree and the rebound from recent lows seems to have already begun. Bitcoin dipped under $7,000 testing the $ 6,000-floor multiple times in the past few weeks.
However, this week BTC has remained strong with very important information coming out of the OTC markets (over the counter), ETFs (exchange-traded fund), and Billionaire’s family offices beginning to trade crypto. Catalysts of this magnitude will propel the entire markets (altcoins and bitcoin) much higher.
However, if the investor is savvy enough they can analyze upcoming market events and try to beat BTC’s returns. During a bull run almost every coin in the crypto space will increase in value, but beating the returns of Bitcoin should be the standard most try to beat. This week has coins like Ripple (XRP), Komodo (KMD), and HireMatch (HIRE).
Ripple (XRP)- BlockBid Listing and Western Union App
Ripple (XRP) is currently trading at $0.64 per coin with a market cap of $25 billion. With a market cap of this magnitude, XRP is regularly a top three cryptocurrency by the total market cap. A major reason for XRP’s multi-billion-dollar market cap is their partnerships with major companies in the finance sector.
Currently, XRP has solidified partnerships with The Bank of England, The Royal Bank of Scotland, MoneyGram, Banco Santander, BBVA, and more recently Western Union. XRP has the most adoption by big banks and finance companies allowing its large market cap to be justified to a degree. This