$XRP /USDT update
XRP is trading at approximately $2.17, reflecting a 1.43% increase over the past 24 hours.
In recent developments, the Biden administration finalized a crypto broker tax reporting rule on December 27, which could impact XRP and other cryptocurrencies.
Additionally, Ripple's Chief Technology Officer, David Schwartz, sparked speculation among XRP enthusiasts with a tweet referencing a potential "10x" increase, leading to discussions about a possible significant price surge.
Furthermore, there has been notable activity among large investors, commonly known as "whales," who are purchasing substantial amounts of XRP during the recent price dip, indicating potential confidence in the asset's future performance.
