CRYPTO markets are climbing again, with XRP leading gains on Luno this morning amid renewed optimism in digital assets.

The surge follows the US Securities and Exchange Commission’s acknowledgment of Grayscale’s filing for an XRP exchange-traded fund, a procedural step rather than a green light at this point.

Bitcoin is holding steady around $97,400, while Ethereum is showing stronger momentum, rising 1.2% over the past 24 hours.

Altcoins continue to notch weekly gains, with many posting double-digit increases over the past seven days. The question now: is this the start of a sustained rally, or just a fleeting breakout?

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In the markets 

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🌦️The Data...

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🌍 Total crypto market cap 

‍$3.18 trillion, an increase of 1.2% over 24 hours. 

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🟠 Bitcoin (BTC)

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💎 Ethereum (ETH)

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📈 S&P 500

The S&P 500 index is at 6 115,07, up 1.04% from the previous close.

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😐 Fear & Greed Index

The Crypto Fear & Greed Index is currently at 40, indicating a neutral sentiment among investors.

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📊 Bitcoin Relative Strength Index (RSI) (14)

The 14-day RSI for Bitcoin is at 46, suggesting that the asset is neither overbought nor oversold at this time.

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‍Post Script…

Cautionary Notes

‍‍It's definitely tempting to get swept up in the excitement, but please heed these words of caution: Do your own research, only invest what you can afford, and make good decisions. The indicators contained in this article will hopefully help in this. Remember though, the content of this article is for information purposes only and is not investment advice or any form of recommendation or invitation. The Digital Commonwealth always advises you to obtain your own independent financial advice before investing or trading in cryptocurrency.