XRP news today: XRP Surges 4.2% to $2.24, Drives Market Enthusiasm

XRP has recently sparked a surge in the cryptocurrency market, with its price rising by more than 4.2% in 24 hours to $2.24. This significant increase was accompanied by a substantial amount of short liquidation, exceeding $7 million, indicating a strong bullish sentiment in the market. The enthusiasm for XRP was particularly notable in the Asian market, where it ranked among the top three in the won pair on a major exchange.

The social sentiment index for XRP reached 85%, setting a new high in recent months. This surge in interest and confidence in XRP can be attributed to the positive trade signals from the Trump administration and the expectation of policy stabilization from the Federal Reserve. These factors have contributed to a broader recovery in the digital asset sector, with XRP emerging as a standout asset.

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