Bitcoin continues to try to occupy the $40,000 mark, XRP jumps nearly 15% in a single day

At around 3 a.m. Beijing time on the 28th, Bitcoin briefly broke through the $40,000 mark and then fell under pressure, then continued to test upwards, reaching $40,500 in the evening. Stimulated by the news that Ripple opened up key channels in the Asia-Pacific market, XRP jumped nearly 15% during the day. According to Bitpush terminal data, as of press time, the price of Bitcoin was $39,854.61, a daily increase of 3.98%. The price of XRP was 0.7328, a daily increase of 14.6%. Nearly 60% of the top 100 cryptocurrencies in the entire market are rising.

The trend of Bitcoin in the past week has brought a ray of hope to the long-term gloomy market. Its price has successfully soared from around $31,000 to an intraday high of $40,600. Bitcoin's market share has also risen by more than 2.5% in the past week. This index has been used to measure the health of the market. In mid-May, Bitcoin's market share once fell below 40%.

In any case, the recovery of Bitcoin is visible to the naked eye. This is the second time that the $40,000 pressure level has been tested since the box-shaped shock began at the end of May. Whether this wave of rise is a flash of life or the starting point of a new round of bull market, it is still worth paying attention to.