XRP Holds Ground as Bitcoin and Gold Prices Surge
Ripple's XRP price has managed to hold onto key support at $1.00 on Wednesday, following a challenging day the previous day.
Despite the headwinds experienced, near-term support around $0.99 encouraged investors to re-engage in the market.
This was largely due to the return of inflows into spot Exchange-Traded Funds (ETFs), which provided some much-needed stability for XRP.
Meanwhile, Bitcoin has been experiencing a surge in price, with BTC hovering near $65,000 on Wednesday.
Gold prices have also been rising, with XAU gaining momentum near its immediate $4,500 hurdle.