XRP's market capitalization surged by over $9 billion in 24 hours, rising 14.5% from $63.08 billion to $72.27 billion on August 20, with its price climbing from $0.99 to $1.15. This rally was driven by renewed support from former President Donald Trump for the CLARITY Act, which could benefit the crypto industry, alongside favorable macroeconomic conditions like lower bond yields and a significant short squeeze in the crypto market. XRP trading volumes hit a two-month high, and bullish sentiment dominates derivatives positions, though the price could face a correction if momentum fades. A close above $1.13 could push prices higher toward $1.17 and $1.22, while a drop below $1.08 might signal weakening momentum.
XRP Ledger saw a significant surge in payment volume, briefly exceeding 550 million XRP within 24 hours, coinciding with a nearly 10% price increase from about $1.05 to $1.15. This spike indicates heightened network activity and increased trading par...
XRP has surged back to $1.15, wiping out nearly a month of selling pressure in a single day. This rebound challenges the 50-day EMA, a critical resistance point XRP hasn't closed above since May 2026, signaling potential momentum shift. Increased net...
Bitcoin rose 8.8% to $69,687 and Ethereum jumped 18.5% to $2,248, driven by a risk-on market environment with climbing equity indices and steady US 10-year yields. Investors are rotating from safe assets like gold and the dollar into higher-risk cryp...
Ripple CEO Brad Garlinghouse highlighted that over 67 million Americans own cryptocurrency, based on a National Cryptocurrency Association report developed with Harris Poll data. This represents about one in four American adults and shows a significa...
Solana (SOL) and Ripple (XRP) surged about 10% on August 19, driven by a Bitcoin-led market rally and a short squeeze triggered by U.S. Treasury bond market moves. SOL reclaimed its 200-day moving average and hit a 3-month high, signaling bullish mom...
