XRP, Litecoin Enjoy Record Highs as Bitcoin Eyes Stock Rally

• Santiment, a blockchain analytics platform, is saying that Bitcoin (BTC) has mostly stayed flat during the recent rally in the stock market.
• The firm sees potential for BTC to catch up with equities soon.
• XRP and Litecoin are enjoying record address activity and high levels of crowd optimism and whale activity respectively.

Analytics Firm Santiment Updates Outlook on Bitcoin, Ripple and Litecoin

Bitcoin To Catch Up With Rallying Stocks

Blockchain analytics platform Santiment is predicting that Bitcoin (BTC) could soon follow suit with the stock market’s strong performance as the US government resolves the debt ceiling issue. The S&P 500 has climbed to its highest level in about 10 months, while BTC has fallen behind. Santiment says that there could be “some BTC catch-up time coming soon.”

XRP Enjoying Record Address Activity & High Crowd Optimism

Santiment notes that XRP Network is seeing historically high address activity surges as prices have jumped 22% over the past 19 days. Additionally, crowd optimism for this sixth-ranked asset by market cap appears to be at an all-time high.

Litecoin’s Halving Around The Corner

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages

Litecoin (LTC) is currently up 6.5%, reaching a psychological level above $50 due to its upcoming halving being just over two months away from now. This surge appears to be powered by massive two-year highs in on-chain transaction volume and increasing whale activity since January of this year.

Cryptocurrency Market Volatility Remains High

As cryptocurrency markets remain volatile, investors should conduct their due diligence before making any high-risk investments in crypto assets such as Bitcoin or altcoins like XRP or Litecoin . Additionally, it’s important for investors to subscribe to crypto email alerts delivered directly to their inboxes for updates on price action and news headlines relevant to these assets so they are always well informed about their investments decisions .

Disclaimer: Opinions Expressed Are Not Investment Advice

The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets nor is The Daily Hodl an investment advisor . All transfers and trades are done at your own risk . Investors should do their due diligence before making any high-risk investments in Bitcoin , cryptocurrency or digital assets .