Investors Ponder Santa Rally’s Impact on Ripple (XRP) and Cardano (ADA) Mixed Performance

Investors Ponder Santa Rally’s Impact on Ripple (XRP) and Cardano (ADA) Mixed Performance

The latest buzz in the crypto world is the news of Fidelity Investments, a financial giant with a staggering $4.5 trillion in assets under management, filing for an Ethereum spot ETF. Yet curiously, the market’s reaction to this move was unexpectedly muted: instead of the anticipated surge, the ETH price dipped, a possible sign of buyer exhaustion following its recent strong uptrend. The wave of surprising market responses isn’t isolated to Ethereum. Both Cardano (ADA) and Ripple (XRP) also experienced downturns, with ETH and XRP dropping by less than 1% each, and ADA by 3%. However, as of writing, all three assets have slightly recovered, each witnessing a 1-2% uptick.
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We współpracy z: https://cryptodaily.co.uk/2023/11/investors-ponder-santa-rallys-impact-on-ripple-xrp-and-cardano-ada-mixed-performance

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