Cryptocurrencies are trading at a stable level in the middle of today’s session, Tuesday, December 3, as Bitcoin maintains the $90,000 level, while the Ripple XRP currency rose to become the third digital currency in terms of market value, surpassing Tether for the first time, benefiting from the rise in positive momentum for the currency and news from the United States of America that the Financial Services Administration approved the Ripple stablecoin RLUSD.

The US Securities and Exchange Commission, after the expected change in its leadership, raised market expectations of changing its position towards the Riel currency, which it had been against since December 2020, which supported the currency and its plans to integrate it with the RippleNet payment system.

Ripple also plans to launch exchange-traded funds (ETFs) for XRP in the coming period, which also supports an increase in market value, new expected increases, and a promising future for the cryptocurrency.

The market value of cryptocurrencies combined, according to the Coingecko website, which includes more than 15 thousand digital currencies, has declined in the last 24 hours by more than 1% today, Tuesday, trading at $3.54 trillion.

The rise in the Ripple currency in the last seven trading sessions amounted to 85% to trade at $2.50 levels, with a rise in market value of $142 billion. The most expensive digital currency in the world (Bitcoin) is trading at $94,100 thousand, down by about 0.30%, with a market value of $1,864,128 trillion.

In contrast, Ethereum, the second largest digital currency in terms of market value, is trading at a decline of about 0.80% and is trading at $3,555 thousand levels, with a stable market value of $428 billion.

Dogecoin is down about 2.68% trading at $0.3994 with a market cap down to $58 billion and weekly gains of about 76%, while Cardano is down about 0.70% trading at $1.19 with a market cap of $41 billion.

Solana is trading at $219 with losses of about 1.02% and a market cap of $104 billion, while Shiba Inu is up 15% weekly despite today’s decline of about 4% trading at $0.00002769 with a market cap up to $16 billion.