PDAXScope: BTC and XRP are surging but ETH might take time

Bitcoin Price Tops $100,000 Again on CPI News, Regulatory Optimism (Investopedia)

Investopedia underscores cautious optimism for BTC after its recovery from a downswing earlier this week. They note that the rebound towards US$100K is due to “better-than-expected Consumer Price Index data” and the ongoing speculation on regulatory developments from the incoming Trump administration. 

Ethereum price rebound will take time, even if ETH data looks bullish (Cointelegraph)

Cointelegraph presents a modest, cautious look at ETH’s prospects, noting that even though institutional interest in ETH continues to grow, market trends have not picked up the pace enough to expect a strong upswing in the near future. They emphasize that “significant obstacles must be cleared before investors gain confidence in a long-term recovery.”

Quick Take: XRP Hits $160 Billion Market Cap Amid Surging Price (BitPinas)

BitPinas reports that XRP’s market capitalization has already reached US$160B, firmly holding on to third place under BTC and ETH while still staying ahead of USDT by approximately US$50B as of January 17. They note that the market cap growth coincides with “heightened interest in the crypto space after a few days of price decline.”

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