What’s driving XRP’s best weekly performance since the 2024 election? According to Decrypt, the token’s sharp gains coincided with a record Bitcoin liquidation wave — a classic short-squeeze event. That means traders who bet against the market were forced to cover positions, amplifying the move. However, the report also notes that ETF flows and futures data suggest the rally may be running on borrowed momentum rather than sustained demand. In short, the squeeze explains the spike, but whether it holds is another question. $XRP #XRP #Bitcoin #Crypto