XRP Surges 10% as Bitcoin Hits $80,000 Amid Easing Geopolitical Fears
XRP has surged to $1.46, up 10% over the past 24 hours, as Bitcoin tops $80,000 and the broader crypto market rallies.
The rally comes amid easing geopolitical fears, with reports that President Trump is privately weighing whether to formally declare the Iran war over.
US spot XRP ETFs have pulled in a record $1.66 billion in cumulative inflows, while Bitwise's spot XRP ETF has crossed $500 million in assets in just nine months.
XRP's institutional backing has been building steadily, with the token posting a 28.5% gain in August, its best since 2021.