News that Bloomberg had added these three cryptocurrency assets to its benchmark price tracker sent XRP soaring to almost $0.90 per coin – that represents an increase of nearly 300%, in just three days.
Ripple (XRP) hit an all-time high as the altcoin joined Ethereum (ETH) and Litecoin (LTC) in debuting on Bloomberg Terminals.
Bloomberg journalist Lily Katz confirmed the additions on Twitter last Thursday.
— Lily Katz (@LilyKatz) December 14, 2017
This week has seen altcoins broadly return to form after several weeks of intense investor attention on Bitcoin, which also hit new all-time highs on Friday, of almost $17,900, stretching to over $20000 on Sunday.
ETH and LTC have surpassed short-term expectations in recent days, rising to above $750 and $300 respectively.
In addition, Dash almost claimed the $1,000 price tag before correcting down towards $900, all assets following in the steps of Monero, which suddenly rallied to three times its price over the past two weeks.
Markets are likely set to see further flux into and out of Bitcoin over the coming weeks as a host of hard forks make their debut, with investors keen to access their duplicate balances, tradeable on exchanges.