The Ripple price posted the top performance among large-cap cryptocurrencies, rising 19 percent for the day. The Ethereum and Ripple prices each slightly outperformed Bitcoin, rising 15.4 percent and 19 percent respectively. Ripple’s single-day performance was best among large cap-cryptocurrencies, and the XRP token is now valued at $0.67. Altcoin Price ChartBitcoin Cash and Litecoin, meanwhile, each lagged the index despite returning double-digit percentage gains. BCH and LTC are now trading at $977 and $160, respectively. The next four cryptocurrencies posted monster gains, with each far-outstripping the index performance. Sixth-ranked EOS soared by nearly 30 percent, raising its price to $5.24, and the Cardano price climbed to $0.17 following its 32 percent surge. NEO’s climb was not quite so precipitous, but its price still climbed by nearly 27 percent to $67.49. The top 10’s most impressive performance came from ninth-ranked Stellar, whose price exploded by approximately 36 percent to $0.23. Stellar now has a $4.3 billion circulating market cap and sits just $60 million behind NEO for the eighth position in the rankings. IOTA rounded out the top 10 with an index-beating 16 percent climb to $1.28. Markets Trade up on G20 OptimismToday’s market rally correlated with optimism that this year’s G20 summit will not produce an international framework for cryptocurrency regulations. As CCN reported, Mark Carney — chairman of the Financial Stability Board (FSB), an international regulatory body — sent a letter to G20 finance ministers and central bank governors advising them that cryptocurrencies represent a small component of the economy and do not warrant international regulatory action at this time. The FSB’s recommendation contrasted with statements from a variety of G20 financial regulators calling for the summit to feature discussions on coordinated cryptocurrency regulations. Though the appetite for these regulations remains strong, the likelihood that the summit will produce them at this year’s meeting now appears slim given the FSB’s present stance