XRP Soars 18% as Bitcoin Rebounds Above $70K, Leading Token Rally

Published at 2026-02-06 19:00:23

XRP rallied about 18% during U.S. morning trade on Friday, emerging as the top performer among major tokens after bitcoin reclaimed the $70,000 level. The move wiped out steep losses seen on Thursday and coincided with a short-lived spike in bitcoin, signaling renewed buying interest and heavier order flow into risk assets. The rebound matters because it underscores how tightly altcoin sentiment remains tied to bitcoin’s price action; XRP’s outperformance could draw more attention from traders hunting momentum into the weekend. Market participants will be watching whether BTC can sustain gains above $70K and if XRP’s jump represents a lasting trend or a short-term correction amid elevated volatility.

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Morgan Stanley launched formal coverage of bitcoin miners, reclassifying some operations as infrastructure and rating CIFR and WULF as Buys while assigning a Sell to MARA. The move lifted CIFR and WULF shares as investors re-evaluated miner business models.

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Published at 2026-02-09 18:00:36

Ripple Boosts Institutional Custody with HSM Security and Staking Partners

Ripple has expanded its institutional custody offering by partnering with Securosys and Figment, adding hardware security module protection and staking support for institutional clients. The move aims to strengthen key security and provide yield options for holders of supported assets.

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Published at 2026-02-09 17:00:46

Ripple valued at $50B, joins world's top 10 unicorns

CBInsights now values Ripple Labs at over $50 billion, placing the blockchain payments firm among the world's top 10 most valuable unicorns just behind SHEIN. The milestone highlights Ripple's growing stature in crypto and fintech.

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Published at 2026-02-09 15:00:18

Michael Saylor's MicroStrategy Buys 1,142 BTC During Recent Crash

MicroStrategy acquired 1,142 bitcoins for about $90 million, averaging $78,815 per coin. The purchase was made at the onset of last week’s crypto market crash.

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Published at 2026-02-09 13:30:43

Citigroup Reiterates Buy on MicroStrategy Amid Aggressive Bitcoin Push

Citigroup reaffirmed its buy rating on MicroStrategy on Feb. 9, 2026, backing the firm’s continued Bitcoin accumulation despite billions in unrealized losses. The move signals ongoing institutional confidence in corporate Bitcoin treasuries.