BGB and XRP stand out in a red-tinted market.
The fall of bitcoin, which is approaching 90,000, drags altcoins down.
The bitcoin (BTC) and cryptocurrency market is dyed red. At the time of this publication, within the top 100 by market capitalization, there are cryptocurrencies with more than 40% weekly decline.
The tokens a16z (A16Z), Virtual Protocol (VIRTUAL) and Pudgy Penguins (PENGU) are leading the declineas can be seen in the image below, provided by CoinMarketCap:
In this red scenario, there are a few digital assets that are going against the trend. They do not have major increases (at least not for now), but they remain with green numbers on a weekly basis.
We are referring specifically to BGB and XRP. The first is the Bitget exchange token and the second is the cryptocurrency issued by the Ripple company.
As CriptoNoticias has recently reported, BGB’s good performance may be due to regulatory advances that would allow the exchange to begin operating freely in the United States in the near future. If that happens, Bitget would stand to compete with industry giants in that country, including Coinbase.
Furthermore, from the end of 2024, BGB became the sole token of the Bitget ecosystem. Before, there was one token for the exchange and another for the wallet, but now, both have been merged into BGB. This increased the utility of the digital currency and the price has reflected the increase in value.
As for XRP, CriptoNoticias has also extensively reported the reasons for its rise. Regulatory news (XRP is no longer being “attacked” by the US SEC) and the launch of the Ripple USD (RLUSD) stablecoin impact the price of XRP.
According to some analysts, XRP would break all-time highs this year and could reach $5 or even more.
Observing which cryptocurrencies resist well the market decline is important because they are probably the ones that will have a great price rebound when the entire market turns green.
While all this is happening, the price of bitcoin, which is the digital currency that “rules” the entire market, is at $91,500, as can be seen in the CriptoNoticias Price Calculator.
