Bitcoin Reclaims $77,500 Levels, Will This Take XRP Above $1.60?
Bitcoin has reclaimed the $77,500 level on Thursday and is gearing up to breach the $78,000 zone. The leading cryptocurrency dipped to the $76,200 level on Wednesday, sparking fears in the market that a downturn could be on the cards. The price reclaim is a positive signal that the larger cryptocurrency market wanted to see. XRP also remains on the front foot this month with prices hovering around the $1.37 zone. It has held on to its support levels and maintained a healthy balance between $1.40 and $1.30. However, the broader cryptocurrency market might soon face heightened volatility as the Fed is scheduled for an interest rate decision on September 15 and 16. The market mostly fluctuates on the heels of the meeting, leading to instability. XRP and Bitcoin are likely to be affected as the days progress towards the meeting. Also Read: XRP Faces 6% Weekly Price Dip: How Low Will It Go? Will XRP & Bitcoin Head South in September? Source: Forkast News Leading cryptocurrency exchange ...