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XRP Surges Amid Ripple CEO Speculation

November 13, 2024

Scale AI Unicorn News - November 13, 2024

XRP experiences a 7% surge in trading, reaching $0.661, amid rumors of Ripple CEO Brad Garlinghouse meeting with president-elect Donald Trump. This rise occurs despite a broader market correction affecting major cryptocurrencies like Bitcoin and Ethereum. Explore the factors driving XRP's bullish momentum and potential market implications.

( 00:00:00 ) Introduction

( 00:00:28 ) Ripple’s native crypto, XRP recorded a breakout rally on Wednesday while the biggest cryptos like Bitcoin (BTC) and Ethereum (ETH) printed red indexes. XRP managed to decouple from the market correction seen after the massive rally. The cumulative crypto market dropped by around 4% over the last day with a trading volume of $309 billion.

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