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XRP Leads Crypto Rally on Ripple Labs Settlement Speculation XRP Leads Crypto Rally on Ripple Labs Settlement Speculation

XRP Leads Crypto Rally on Ripple Labs Settlement Speculation

A little-known cryptocurrency that is at the center of a key legal fight for the industry is leading the latest rally in digital assets amid speculation that the company behind it may soon reach a settlement with US regulators.

XRP has jumped almost 40% in the past week to around 60 cents, while market bellwether Bitcoin is up around 12% during the same period. Cryptocurrencies have rallied in part this week on expectations that Donald Trump will be more amiable to the sector if he wins the US presidential election.

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Muyao Shen

https://www.bloomberg.com/news/articles/2024-07-17/settlement-speculation-pushes-xrp-to-forefront-of-crypto-rally

2024-07-17 07:00:00

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