Morning, traders! 🌅 XRP is trading around $1.48, down slightly over the past 24 hours even as Bitcoin and Ethereum hold their recent gains. This kind of modest pullback after a strong run is a normal part of any rally — not every asset moves in perfect lockstep, even during a broad market surge like this one.
The bigger picture for XRP remains constructive: the token has still gained substantially since last week's rally began, driven by the same combination of catalysts lifting the entire market — the US Treasury's liquidity support move and growing optimism that crypto legislation will finally pass in the Senate this September, following last week's White House meeting between President Trump and representatives from major exchanges.
With Fed Chair Kevin Warsh speaking at Jackson Hole today, expect XRP's next move to hinge heavily on the broader macro signal that emerges from his remarks. 📉📈
$XRP #XRP #Ripple #JacksonHole #CryptoRegulation #CryptoNews
The bigger picture for XRP remains constructive: the token has still gained substantially since last week's rally began, driven by the same combination of catalysts lifting the entire market — the US Treasury's liquidity support move and growing optimism that crypto legislation will finally pass in the Senate this September, following last week's White House meeting between President Trump and representatives from major exchanges.
With Fed Chair Kevin Warsh speaking at Jackson Hole today, expect XRP's next move to hinge heavily on the broader macro signal that emerges from his remarks. 📉📈
$XRP #XRP #Ripple #JacksonHole #CryptoRegulation #CryptoNews
