As Bitcoin, Ethereum Slumped Last Week, This Crypto Gained A Whopping 27%

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ended the week in the red, but some cryptocurrencies managed to buck the market slump induced by the Federal Reserve's Wednesday rate hike and clock significant gains.

XRP (CRYPTO: XRP) surged over 27.26% to $0.4926 in the week ending Sept. 25, overshadowing Bitcoin, which dropped 3.18% to end the week at $18,802.10, and Ethereum, which fell about 3.08% to $1,294.22.

See Also: How To Buy Ripple's XRP (XRP)

Dogecoin (CRYPTO: DOGE) ended the week 6.3% higher at $0.06115.

What Led To XRP's Surge? XRP, the native cryptocurrency of the Ripple payment protocol, surged significantly last week over news related to the U.S. Securities and Exchange Commission's lawsuit against Ripple Labs Inc.

Read Next: Bitcoin, Ethereum, Dogecoin Subdued: Why This Analyst Says Volatility Is 'Going To Kick In' Next Week

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