“XRP Trading Is on Fire” Asserts Billion-Dollar Crypto Brokerage Firm’s Executive ⋆ ZyCrypto
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XRP continued its sluggish trading trend as the weekend approached, dampening hopes of a Santa Claus rally this December amid a broader crypto market pullback led by Bitcoin.
However, it’s worth noting that the crypto asset experienced a historic surge last month, skyrocketing over 470% in November and reaching $2.89, a level not seen in nearly seven years.
This price spike followed two major developments including Donald Trump’s re-election victory and renewed optimism stemming from Ripple’s significant legal win against the SEC in its long-standing securities lawsuit over XRP. Market participants are also hopeful for more crypto-friendly regulations under the Trump…