BitTorrent (BTT) and Ripple (XRP) each showed bullish trend signals, inviting the excitement of the crypto community.
For example, BTT recorded a record price jump of up to 22.8% while being at a new all -time high (ATH) yesterday at $ 0.014.
XRP rocketed sharply to $ 0.92 early this morning, recording the latest high since May 6, 2018.
Based on the scrutiny of these two altcoins, XRP seems to have soared in the wake of Ripple’s latest plans that want to develop an inclusive future from a financial aspect on an ongoing basis.
Posted on its official blog, the Ripple plan is expected to also involve financial technology firms, leading universities, non-governmental organizations (NGOs), organizations and social entrepreneurs. It is seen as an effort to create greater and fairer economic opportunities for all.
In fact, in late March, Ripple had announced ownership of a 40% stake in Asian cross -border payments firm, Tranglo. Meanwhile, yesterday it was reported that Ripple had won an appeal to keep all personal emails out of public attention while the trial of the suit filed by the Securities and Exchange Commission (SEC) was still ongoing.
At the same time, BTT prices started to show positive movement after a jump of up to 81% for two consecutive days at the end of March.
Nothing specific, perhaps the BTT price spike was driven by the announcement regarding the BitTorrent File System update made on April 4th. This also includes the upgrading of the BTFS decentralized network and the completion of repair mode and challenge mode.
At the time of writing, the two assets are recording trading prices:
XRP: $ 0.86, jumped over 36% in 24 hours
BTT: $ 0.010, down over 15% in 24 hours