Crypto Rally Broadens as XRP Surges 12% Amid Bitcoin’s Push Toward $95K
Digital assets extended gains Tuesday as Bitcoin tested the $94,000 level and altcoins outperformed. XRP led the advance with a 12.5% rally to $2.40—its highest level since August 2025—while the total crypto market capitalization rose 2%.
Market breadth improved notably with crypto-linked equities participating: American Bitcoin (ABTC) surged 13.48%, followed by double-digit gains in GameSquare and Bit Digital. Coinbase and Robinhood shares climbed as trading volumes spiked.
Beneath the surface, liquidity remains fragile. Glassnode data shows spot volumes across major tokens have collapsed to November 2023 levels. The market depth recovery from October 2025's liquidation event remains incomplete, amplifying price sensitivity to marginal flows.