Ripple's $XRP Skyrockets Amid Bearish Crypto Market Volatility
Some of us are aware of the Mt. Gox repayment and the selling of Bitcoin holdings by the German government, both of which have contributed to the bearish volatility in the crypto market lately.
Amid all this, Ripple reacted unexpectedly, making a recovery from $0.3984 (the price at the start of the month) to about $0.5385, which is its current trading price. This is a 14% spike in 24 hours and a 22% gain in almost two weeks.
What do you think is possibly the reason for this anomalous reaction of XRP?
