XRP Price Increases 20% After Ripple CEO Meets Donald Trump❗️
During an interview with Brad Garlinghouse, FOX Business host Liz Claman asked the Ripple CEO if the meeting took place. He tried to joke it off, saying that he didn't want to comment on too many details. The host said that she would take Garlinghouse's answer as a positive one.
Rumors about Garlinghouse's meeting with Trump had a strong impact on the XRP coin, which rushed to the $1 mark. In a day, the cryptocurrency grew by 20% to $0.9842, and the weekly growth was 73%. XRP's daily trading volume has soared 4.3% to $11.9 billion, with the coin's market cap now at $54.4 billion. XRP's rise reflects traders' and investors' hopes that the years-long lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple, which has been ongoing since December 2020, may soon be resolved. In August 2023, U.S. District Judge Analisa Torres ruled that secondary market sales of XRP were not securities. However, two months later, the regulator attempted to appeal the ruling, causing XRP to fall below $0.52. $XRP