XRP News Today: Pro-Crypto Congress Boosts Sentiment for Ripple; BTC Hits $98k
Positive market sentiment also drove demand for crypto-related stocks, which had been under pressure earlier in the week. MicroStrategy (MSTR) surged by 13.22%, while Marathon Holdings Group (MARA) jumped by 14.12%. Friday’s breakouts contributed to the Nasdaq Composite Index’s 1.77% rally.
Beyond the economic data, market sentiment toward a pro-crypto Capitol Hill also fueled BTC demand. ETF store President Nate Geraci shared a collage of pro-crypto posts, stating,
“Not sure why, but I get the sense something might be changing w/ SEC’s approach to crypto… Welcome to 2025.”
US BTC-Spot ETF Market Inflows Bolster Demand
On Thursday, January 2, the US BTC-spot ETF market posted net outflows of $242.3…
