BTC reached $65,000, led the market rebound. XRP surged 9%, driven by whale accumulation. Potential BTC sell-off by Mt.Gox creditors may not disrupt bullish trend.
Market benchmark CD20 index rose by nearly 3% in 24 hours. CME, CF Benchmarks introducing indices for XRP could enhance institutional adoption. The market shows positive signs.
Crypto community optimistic despite $9 billion BTC distribution to creditors from Mt. Gox. Sell pressure concerns may be overestimated. Market sentiment likely to drive price action.
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