Reported 2 days ago
XRP, the cryptocurrency connected to Ripple Labs Inc., has soared in value to become the third-largest digital asset following Donald Trump's presidential win. The token's price surged by up to 15% to $2.50, boosting its market capitalization over $137 billion, significantly up from under $30 billion just weeks prior. Trump's anticipated supportive regulatory stance for digital currencies has fueled a broader crypto market rally, which has gained about $1.2 trillion in total value since the election.
Source: YAHOO