South Korean crypto exchanges recorded over $34 billion in trading volume over the past 24 hours, during which the country’s president declared emergency martial law, only to

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XRP, the third-largest cryptocurrency by market capitalization, experienced a significant rally, reaching a record high of $2.90. This surge is attributed to optimism about a more crypto-friendly regulatory environment under President Trump's administration. Investors anticipate that changes in the Securities and Exchange Commission's leadership could lead to favorable outcomes for XRP and similar assets.