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XRP surges toward $2 as Bitfinex whale buys 120B SHIB and Bitcoin Cash gains quantum upgrade edge.

Market News
23 Mar 2026
UToday
View Source
Bullish
pluang ai news

XRP sharply rose toward the $2 mark following a $263 million short squeeze and positive diplomatic developments, boosting market confidence. A Bitfinex-linked whale accumulated 120 billion SHIB tokens, signaling growing institutional interest. Bitcoin Cash outperformed Bitcoin by 40% due to its upcoming 2026 upgrade introducing quantum-resistant signatures, addressing concerns over Bitcoin's quantum vulnerability. Meanwhile, Bitcoin remains range-bound amid rising energy costs and awaits the March 27 SEC decision on crypto ETFs, which could impact market direction.

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