U.Today Crypto News: XRP Key Metrics Suggest Recovery, Dogecoin (DOGE) Trading Volume Soars 197%, Peter Brandt Predicts Bitcoin (BTC) Price Rebound Target
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According to CoinWorld, in the past 24 hours, XRP burn activity increased by about 1%, with approximately 400 XRP burned as transaction fees on January 25. This indicates that selling pressure has eased, and the growth in payment usage may support a price rebound. Dogecoin trading volume surged by 197% to $1.29 billion, which could reduce extreme price volatility and suggests that retail investor interest in Dogecoin remains strong despite ongoing market pressure. Veteran trader Peter Brandt stated that Bitcoin must return to and stabilize above $93,000 to reverse the current downward trend. In the previous week, the Bitcoin price fell by more than 5.2%.
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