Why XRP Is Rising (Again) Today

Why XRP Is Rising (Again) Today

It’s an up day for the crypto market, and investors seem optimistic about Ripple’s chances in an ongoing lawsuit.

What happened

After a nice move yesterday, the price of XRP (XRP -0.21%) continued to climb higher today, along with the broader market. Since late afternoon yesterday, the price of XRP traded roughly 9.5% higher as of 11:09 a.m. ET.

So what

There are two main things that seem to be moving XRP, which was created by the company Ripple. The first looks to be tied to the broader crypto market, which shook off recent regulatory concerns and looked toward a potential pivot on interest rates by the Federal Reserve. READ MORE 

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