XRP's price has increased by 4%, with bulls attempting to push the token above the $1.10 resistance level. A clear break above this level is needed to confirm upward momentum.
Bitcoin remains around $61,000 after weak US jobs data eased fears of rate hikes, potentially setting the stage for a rally towards $70,000.
Bitcoin has recovered from a 21-month low as bulls attempt to regain the $60,000 level, but data on leverage suggests caution about the sustainability of this rebound.
XRP's price has increased slightly amid rising whale activity and new wallet creation, but it still needs to surpass $1.10 to confirm a recovery.
Metaplanet purchased 2,823 Bitcoin in the second quarter, lowering its average acquisition cost to $106,500 per BTC, and reported $10.9 million in revenue from its income strategies.