XRP Trading Volume Soars 73% Amid Bitcoin Surge

XRP trading volume has skyrocketed by 73% in a sharp market movement coinciding with Bitcoin’s recent climb past the $87,000 threshold. This surge signals renewed investor interest and heightened activity in major cryptocurrencies.

According to the latest market data, XRP’s sudden increase in trading activity came as Bitcoin crossed a significant price milestone over the weekend. While Bitcoin itself temporarily pulled back from its peak, it remains well above the $84,000 level, indicating continued bullish sentiment among traders.

Over the last 24 hours, XRP has seen a more than 73% jump in trading volume, reaching around $2 billion, making it the sixth-highest traded crypto asset during the observed period. The spike highlights how closely XRP aligns with Bitcoin’s broader market momentum, often experiencing mirrored investor behavior when BTC reaches new highs.

Alongside XRP’s volume increase, there was a notable price reaction. While not as dramatic as the volume surge, XRP is holding a stable trajectory in a market where volatility is resurging. At the time of writing, XRP has settled around the $0.55 mark, navigating attempts to break out from previous resistance levels.

Bitcoin touched its all-time high of $73,770 earlier this year in March. The latest momentum broke past that threshold temporarily over the weekend, with BTC peaking close to $87,000—a new milestone setting the stage for speculative moves across altcoins like XRP. This kind of upward momentum often causes a chain reaction as traders rotate profits and reposition their portfolios into other promising assets.

This latest upswing in XRP trading complements a pattern seen in previous bull cycles where altcoins experience spikes closely following Bitcoin’s gains. XRP, often viewed as a bellwether for broader altcoin sentiment, benefitted from Bitcoin’s bullish movement as traders offshore and on centralized exchanges alike directed capital toward it.

Even though BTC has slightly retracted from the $87K high, XRP appears to be stabilizing rather than sharply correcting. This behavior underscores the growing maturity of the market and a potential decoupling from immediate Bitcoin fluctuations—at least in the short term.

Meanwhile, analysts are closely watching the crypto market for confirmation of a continued altcoin season. With large-cap coins like XRP responding robustly to Bitcoin’s movements, anticipation builds for mid-cap and lower-tier altcoins to follow suit, potentially kicking off a broader bullish phase.

As crypto trading intensifies, seasoned investors are assessing the structural support of both XRP and Bitcoin, looking for sustainable rally indicators rather than brief hype-driven gains. If XRP maintains its current volume and price levels, it suggests strong interest and confidence from market participants—essential ingredients for price appreciation in the current cycle.

Related: $2.3 Trillion Liquidity Shock: Franklin Templeton Says XRP Is Next in Line for Massive Inflows

This week will be critical in determining whether recent gains hold or lead to a correction. Bitcoin hovering above $84,000 provides a sturdy platform for altcoins to thrive. XRP’s 73% volume boost is a strong signal that the tides may be shifting in favor of altcoin momentum.