Crypto: XRP Trading Higher on Tuesday

XRP traded higher this morning as it rose by 10.03% to $0.28393; the most significant increase since May.

Therefore, the total market capitalization of XRP is now valued at $12,16340B, or 5.32% of the total capitalization of the cryptocurrency market. The historic XRP's capitalization peak is $79.53400B.

Since last week, the price of XRP rose by more than 9.91%.

Also, even though Paypal has opted out of Facebook's project Libra, Bitcoin rose by 5.84% to trade at $8,319.9 while Ethereum went up by 7.59% to $183.89.

The capitalization of Bitcoin is currently $149.71605B or 65.47% of the total market capitalization of cryptocurrencies, while Ethereum's capitalization reaches $ 19.87006B or 8.69% of the overall cryptos market.

Crude Oil Futures Heads Up

Crude oil futures rose during the early trading session in Asia on Tuesday.

On the New York Mercantile Exchange, Crude oil futures for delivery in November went up by 0.70% to trade at $53.12 per barrel.

Also, Crude oil this morning found support at $50.99 and resistance at $54.05.

Elsewhere on Intercontinental Exchange (ICE), Brent oil for December delivery rose by 0.72% and traded at $58.77 per barrel.

Gold Futures Retreated

Gold futures pulled back during the Asian session on Tuesday.

On the Comex division of the New York Mercantile Exchange, gold futures for delivery in December went down by 0.55% to trade at $1,496.15 per troy ounce.

Earlier, gold was trading in a dollar bearish session.

Moreover, on Comex division, Silver for December delivery fell by 0.56% and traded at $17,442 per troy ounce while Copper for delivery in December rose by 0.93% to trade at $2,597 a pound.

Financial Events to watch for today

12:30 GMT
PPI (MoM) (Sep) [U.S.]
17:50 GMT
Fed Chair Powell Speaks [U.S.]