Ripple (XRP) offers short-term recovery signals on Wednesday after reclaiming support at $3.00. Backing the reversal in the cross-border money remittance token is, among other factors, renewed interest in the derivatives market, growing retail demand and a significant decrease in XRP exchange reserves.
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Hyperliquid (HYPE) price remains near the token’s record high of $51.50, reached on Wednesday, supported by growing retail interest and speculative demand. Up over 2%, HYPE exchanges hands in a narrow range of $49.00 to $50.00 at the time of writing.
Metaplanet, one of the largest corporate holders of Bitcoin (BTC), plans to raise additional funds to purchase BTC for its steadily growing treasury. The company announced in a press release on Wednesday that the purchase is expected to take place between September and October.
