XRP Soars 10% as War Fears Eased, Bitcoin Hits $80,000

XRP's price has surged by 10% over the past 24 hours to reach $1.46, following the broader crypto market's rally, which saw Bitcoin surge above $80,000.

The momentum in the crypto market is largely driven by easing war fears after President Trump reportedly weighed formally declaring the Iran war over, with oil prices and interceptor stockpiles being key concerns.

XRP's technical breakout from a $1.36 consolidation zone to hit $1.42 has also been supported by cumulative volume delta data showing buyer pressure reversing sharply, indicating heavy spot and futures accumulation on platforms like Coinbase.

The token's institutional backing has been building steadily, with US spot XRP ETFs pulling in a record $1.66 billion in cumulative inflows through last week, while Bitwise's spot XRP ETF alone has crossed $500 million in assets in just nine months.