@BOMBERuss 13 February 2022 more from that month

Weekly Market Overview. -XRP outpaced the top cryptocurrencies and grew by 26% in a week. -Observers attribute this to the success of Ripple in court. -The total #cryptocurrency market exceeded $2 trillion this week. -Volatility in the market will continue next week #XRP has been in the spotlight this week. Against the background of the general upswing in the market, it grew by 30% in two days. It is currently trading at $0.82 with an increase of 9% per day and more than 26% per week. This growth is mainly associated with positive news on the court. There has been a lot of positive news for Ripple this week, the main one of which is that the company has filed an additional response in defense of "fair notice". The company is also trying to get hold of the "Estabrook notes", which refers to a meeting between Brad Garlinghouse and former Commissioner Roizman in 2018. The total cryptocurrency market this week momentarily exceeded the capitalization of $ 2 trillion, and #bitcoin exceeded $ 45,000. However, data on the consumer price index was released on Thursday, which amounted to 7.5%, which indicates an increase in the rate of inflation. In response, the price of bitcoin lost 1 thousand #dollars. Since bitcoin and #altcoins showed bullish growth this week, and now analysts are watching the weekly close. At the moment, a bullish green candle is forming on the chart, however, its shape reflects distrust of the market and the struggle of sellers and buyers. The #volatility in the #market reflects investors' doubts: on the one hand, the sale of risky assets continues, on the other hand, rising inflation makes the cryptocurrency attractive for preserving value. Which of these will be stronger is still unclear, so the volatility will continue next week.