XRP's price has recently dipped below $3, setting up a potential bear trap as Bollinger Bands suggest the possibility of reaching a new all-time high. Meanwhile, Ripple's USD stablecoin, RLUSD, has experienced a significant surge, surpassing Raydium in market capitalization following $11 million in minting activity.
In a separate development, Deutsche Bank has expressed a bullish outlook on Bitcoin, suggesting that both Bitcoin and gold could be integrated into central bank balance sheets by the end of the decade. This statement underscores growing institutional interest in cryptocurrency as a viable asset class.
XRP Eyes New Highs Amid Market Movements; Deutsche Bank Bullish on Bitcoin
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