XDC Network Sees 3.45% Price Swing Amid Crypto Rally

XDC Network saw a significant price swing of 3.45% over the past 32 hours, driven primarily by the broader crypto market's risk-on rally and renewed focus on XDC's institutional and RWA integrations.

The total crypto market cap has increased by around 1.5% in the past day, with altcoin market cap also rising. Bitcoin trading at around $80,000, up 4-5% in a day, with large caps like ETH, XRP, SOL, and DOGE rallying together.

Nearly $1 billion of net inflows into US spot Bitcoin ETFs in a single day, combined with over $800 million to $1 billion of short liquidations across crypto, confirming a strong short squeeze dynamic and renewed institutional demand.

The recent 3-8% intraday moves in XDC are likely due to the amplification of fresh institutional narratives around XDC's role in RWA infrastructure, anchored in the DSRV validator addition and BASIS.pro partnership.