XRP jumps 39% weekly as Bitcoin posts its biggest weekly gain in two years
Macro & Markets ·
Bitcoin briefly topped $79,000 while XRP led a broad rally across major tokens, marking one of the sharpest weekly moves in crypto markets in recent memory.
Bitcoin's advance this week marked its largest weekly gain in two years, according to The Block, which reported the token briefly crossed $79,000 before the rally broadened into altcoins. XRP posted a 39% weekly gain, outpacing Bitcoin's move and positioning it as the standout performer among major tokens tracked during the surge.
The rally was not confined to Bitcoin and XRP. Other tokens including HYPE, ZEC, and LINK also participated in the broader upswing, suggesting the move extended beyond a single asset and reflected wider risk appetite returning to crypto markets. Separate coverage placed the scale of XRP's move even higher, with CryptoPotato reporting a 40% surge in XRP within a 48-hour window alongside Bitcoin reaching a three-month high and Ethereum topping $2,400.
The moves coincided with reports tying the rally to a US Treasury liquidity support announcement, with Bitcoin rallying to $80,000, Ethereum rising to $2,390, and XRP surging 40% in that context. Separately, whale accumulation activity was reported around the same period, with large holders adding more than 300 million XRP tokens over 96 hours and accounting for 53% of buy orders as the token moved toward $1.30, pointing to concentrated buying pressure from large investors during the rally window.
Four distinct sources are tracked as covering this broader market move, with figures on XRP's weekly gain ranging between 39% and 40% depending on the reporting window and methodology used. What remains unresolved is how much of the move was driven by the reported Treasury liquidity announcement versus organic demand reflected in the whale accumulation figures, and whether the rally marks a sustained shift in market conditions or a short-term spike. Traders will be watching whether Bitcoin holds above the $79,000 level and whether XRP's gains consolidate or reverse in the sessions ahead.