XRP (XRP) briefly attains a new milestone. At the same time, Bitcoin (BTC) keeps soaring as transaction fees increase. Meanwhile, VC Spectra (SPCT) has hit a new price.
How did XRP crypto price reach new levels? Why is Bitcoin (BTC) still on the rise? And what prompted the VC Spectra’s (SPCT) price increase? Keep reading to get answers.
What you'll learn 👉
Summary
- XRP could reach $1.60 in 2024.
- BTC price prediction for 2024 is
- VC Spectra (SPCT) investors will experience more surges and other benefits.
XRP (XRP) Overtakes BNB As The Fourth Largest Crypto
On November 6, 2023, XRP’s market cap soared to $38.3 billion, overtaking BNB as the fourth-largest cryptocurrency by market cap. That day, the XRP crypto price increased 9.1% from $0.66 to $0.72.
According to analysts, the price increase might have been driven by the approval of XRP by the Dubai Financial Services Authority (DFSA) to be used by licensed companies in the Dubai International Financial Centre.
However, XRP has since returned to its fifth position. As of November 7, XRP crypto price had fallen 4.2% to $0.69. This reduction has been explained as normal price fluctuations, as any news didn’t trigger it.
But XRP investors can hope the token will attain those heights again. The XRP price prediction for 2024 is $1.60. Analysts predict the 2024 crypto bull run after the Bitcoin halving will push the price to this level.
BTC Price Prediction: Bitcoin Maintains Uptrend As Transaction Fees Hit Five-Month High
On November 6, Bitcoin (BTC) average transaction fees reached $5.93. According to a report, the increase in transaction fees was driven by increased activity on Bitcoin Ordinals.
Per CryptoSlam, Ordinals posted $18.33 million in sales in the past seven days. This is a 191% increase from the previous week.
Also, this is the first time since June that transaction fees on the Bitcoin (BTC) blockchain have been this high. Incidentally, June was also the last month Bitcoin Cardinals posted over $100 million in secondary sales.
Since the news broke, Bitcoin (BTC) has gained 1.1%, increasing from $35,044.79 to $35,443.56. It is evident that increased transaction fees could not dull the effect of the ongoing crypto rally.
The BTC price prediction for 2024 is $129,127. Analysts believe next year’s Bitcoin halving and the approval of spot BTC ETFs could take the price that high.
Is Bitcoin a good investment? Analysts say it is one of the best cryptos to invest in ahead of next year’s bull run.
Presale: VC Spectra (SPCT) Surges Again
VC Spectra (SPCT) reached a new price as it entered the fourth stage of its public presale. The price soared by 25% from $0.044 to $0.055. This increase meant that early VC Spectra (SPCT) investors had gained 587.5% since the presale began.
More surges will come as VC Spectra (SPCT) targets a 900% increase when the presale is done. Investors who want to benefit from the future price increase can purchase SPCT at the current price of $0.055.
However, VC Spectra (SPCT) offers more than price increases. It is a decentralized hedge fund that provides everyone with the best blockchain investment experience, regardless of their financial expertise.
Users can invest in promising blockchain startups and niche crypto markets, trade arbitrage, and stake and lend their crypto assets. VC Spectra (SPCT) provides expert advice and support to ensure investors choose the most profitable trades and startups.
Furthermore, SPCT token holders benefit from access to exclusive new ICOs, quarterly dividends and buybacks, and voting rights.
All these are why analysts chose VC Spectra (SPCT) as the best new crypto to invest in.
To learn more about VC Spectra (SPCT), visit:
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