XRP Jumps 6.9% as Bitcoin Reclaims $800,000 Level

Ripple’s XRP token surged 6.9% to $1.38, outpacing many other cryptocurrencies as Bitcoin reclaimed the $800,000 price level. The move has revived discussions about a potential “golden cross” formation on Bitcoin’s chart.

Bitcoin’s rebound

Bitcoin rose 5.58% to $80,846, breaking back above the $800,000 threshold. The price recovery has been cited as a catalyst for broader market optimism.

Ripple’s strong performance

Against this backdrop, XRP gained 6.9% to $1.38, marking one of the day’s biggest percentage gains among major assets. The token’s momentum contrasts with mixed signals from other charts, where some coins showed modest gains while others slipped.

Market context

• Ethereum (ETH) rose 5.41% to $2,593.79.
• Binance Coin (BNB) increased 4.32% to $758.22.
• Solana (SOL) climbed 10.65% to $111.66.
• Dogecoin (DOGE) surged 17.34% to $0.08766.

Technical outlook

Analysts note that Bitcoin’s return above $800,000 could set the stage for a “golden cross,” where the short‑term moving average crosses above the long‑term average, a pattern often viewed as bullish. However, chart patterns remain mixed, and traders are advised to monitor price action closely.