2 Cryptocurrencies Could Reach $50 Billion Market Cap in July

Despite the current downturn in the cryptocurrency market, a number of digital assets are showing potential for significant growth in the coming months. Over the past 24 hours, global cryptocurrency market capitalization has risen 2.9% to $2.4 trillion, with some cryptocurrencies poised to provide promising opportunities for investors. There are currently two digital assets in the crypto market that could reach a market capitalization of $50 billion by the end of July.

XRP (XRP) XRP is going through a rough patch, especially as its price consolidates below the $1 mark. Currently, the price of XRP is $0.4771. The cryptocurrency encountered resistance at $0.4820, causing it to fall below $0.4750. However, the asset showed resilience, bouncing off the $0.4619 low. With recent moves higher to clear resistance levels at $0.4680 and $0.4720, XRP is recovering and gaining momentum.