Amid a strong bullish trend in cryptocurrencies, Ripple is trading at $2.41, up 2.04%.

On Nov. 17, the exchange rates of virtual assets, including Bitcoin, are displayed on the billboards of Bithumb Lounge in Seocho-gu, Seoul. /Courtesy of News1

As of 7 a.m. on the 24th, Bitcoin is trading at $85,542.07 on CoinMarketCap, up 1.72% from 24 hours ago (about 125.36 million won).

Ethereum, the second-largest cryptocurrency by market capitalization, was traded at $1,992.17, up 0.16% compared to 24 hours ago.

Ripple (XRP), the fourth-largest by market capitalization, is trading at $2.41, up 2.04% from 24 hours ago. On this day, Ripple is trading between a high of $2.42 and a low of $2.36.

Despite a slight increase in the U.S. stock market over the past weekend, Ripple has remained stable. Analysts suggest this is due to a lack of new momentum in the cryptocurrency market.