Why Ethereum, Ripple’s XRP, Litecoin And Chainlink Are Suddenly Soaring – Forbes

Ethereum, Ripple’s XRP, litecoin and chainlink are the world’s biggest cryptocurrencies after bitcoin and they’ve suddenly soared this week.

Ethereum, XRP, litecoin and chainlink, with a combined market value of around $100 billion, have each added between 20% and 50% this week—outpacing even bitcoin’s rally.

While ethereum, XRP, litecoin and chainlink have been boosted by bitcoin’s growing reputation as digital gold through 2020, other cryptocurrency trends have also pushed them up.

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This week, the ethereum price passed $500 per ether for the first time since June 2018. While ethereum remains far below its all-time high of around $1,500 set in January 2018, the ethereum