Today, December 24, 2024, the price of XRP has experienced an increase of 6.18%, standing at $2.33 USD.
This increase is attributed to the optimism generated by the election of President Donald Trump and his pro-cryptocurrency team. The nomination of Paul Atkins to lead the Securities and Exchange Commission (SEC), known for his favorable stance towards the deregulation of digital tokens, has reinforced this trend. It is speculated that Atkins could put an end to the SEC's legal battle against Ripple, the company that uses XRP on its payment platform.
In the context of the cryptocurrency market, other coins have shown mixed behaviors: Bitcoin has fallen by about 1%, Ethereum has risen by 2.6%, Solana has gained 4.3%, and Dogecoin has increased by 2.5%.
It is important to highlight that, despite the recent rise, XRP has shown volatility in recent days. Yesterday, December 23, its price fell by 2.3%, standing at $2.19, influenced by indications from the Federal Reserve about possible adjustments in interest rates for the next year.
In summary, the price of XRP has shown an upward trend today 📈, driven by expectations of more favorable regulations under the new U.S. administration 🇺🇸. However, the market remains volatile and is influenced by various economic and political factors.
