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Why is XRP price up today?

XRP (XRP $0.6438) has outperformed the broader crypto market, rallying 1.5% in the past 24 hours and hitting an intra-day high of $0.6328. In comparison, the global crypto market capitalization is down by 0.3% over the same period to $2.3 trillion.

XRP/USD daily chart. Source: TradingView
Accompanying XRP’s price growth on Sept. 29 is high trading activity, which has also picked up over the last seven days. XRP’s spot trading volumes topped $2.2 billion on Sept. 28, rising by 133% since Sept. 21. 

Its market capitalization has also increased to $35.4 billion, cementing its position as the seventh-largest cryptocurrency in the world.
JUST IN: 🇧🇷 Brazil's largest crypto exchange Mercado Bitcoin partners with Ripple to offer cross-border payments.

📰 @cryptoopdate
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Ripple Update: Will XRP break through after 1 billion token unlock and SEC appeal

Ripple (XRP) climbs 2% on Friday. XRP is influenced by several market movers: the US Securities & Exchange Commission’s (SEC) decision to appeal the final ruling in the Ripple lawsuit, Ripple’s $1 billion token unlock on October 1 and other token unlocks this month, including Solana .
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Bitcoin ETF outflows surpass $300m, analysts warn of key price levels

Spot Bitcoin ETFs in the United States recorded outflows of over $300 million this week as global macroeconomic events have sparked market-wide uncertainty over Bitcoin’s short-term direction
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🇺🇸 ETF FLOWS: Around 3,759 $BTC and 0 $ETH were bought on Oct. 7

BTC ETFs saw $233.8M in net inflows.

ETH ETFs saw $0 in net inflows.
XRP gains as Ripple files cross-appeal in lawsuit, derivatives exchange slams SEC for regulatory overreach

Ripple (XRP) holds steady above key support at $0.5300. The altcoin gains as the payment remittance firm confirms the filing of a cross-appeal in the Ripple lawsuit with the Securities & Exchange Commission...
#Sol

Consolidating Within Tight Range From Few Weeks Expecting Breakout Soon Expecting Move Towards 400$ Incase Of Successful Breakout
#Sxp

Re-Testing The Long-Term Trendline After Previous Rejection. Increased Testing Suggests Weakening Resistance. Expecting A Substantial 300%+ Bullish Impulse In The Medium Term, Contingent Upon A Successful Breakout.
XRP back above $0.54 as Ripple makes key announcements at Swell 2024


• XRP trades at $0.5420 on Tuesday
📈
• Ripple announced its exchange partners for the stablecoin project at Swell 2024 in Miami🪩
• XRP could gain 10% and rally toward $0.60, the psychologically important price level for the altcoin⚠️
Ripple (XRP) holds steady above key support at $0.54 on Tuesday as payment remittance firm Ripple makes announcements regarding exchange partners for its stablecoin RLUSD that is in the final stages of its launch. 

📊 Daily Digest Market Movers: XRP gears up for gains with key announcements from Ripple
• Ripple,
the cross-border payment remittance firm, informed users that upon receiving regulatory approval its stablecoin project RLUSD will be made globally available to financial institutions and firms including Uphold, BitStamp, Bitso, Moonpay, Indereserve, CoinMENA and Bullish 🚀🚀?

@cryptoopdate
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JUST IN: Michael Saylor says MicroStrategy "beat every single company in the S&P index using Bitcoin strategy."

@cryptoopdate
XRP trades around $0.55 as SEC appeal leaves out legal status of the altcoin

Ripple (XRP) gains on Friday as traders digest the developments in the Securities & Exchange Commission’s (SEC) appeal against the final lawsuit...
🚨 LATEST: US Bitcoin ETFs has surpassed $20 billion inflows in the first year, about 10 times higher than Gold ETFs in its first year.

We’re still early 🔥
BRICS Officially Adopts Cryptocurrency for Investments


In a move that could open up a host of new opportunities for the economic alliance, the BRICS bloc has officially adopted cryptocurrencies for investments. At the collective’s ongoing Business Forum in Moscow, Russian President Vladimir Putin announced the decision that could be a game changer for the group.

The bloc is nearing the highly anticipated BRICS Summit 2024. Taking place next week, it is poised to see a host of new announcements regarding the bloc’s economic policies. Among them is the blockchain-based BRICS Pay platform. The project was recently unveiled to attendees at the forum.
JUST IN: Gold reaches new all-time high of $2,736 per ounce.

@cryptoopdate
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🔥 SAYLOR: “My view is Bitcoin is gonna appreciate 29% a year, ARR for the next 21 years.”

CEO of Microstrategy is super bullish on Bitcoin!
Fx and stock market is open
You can now trade them on 360xtrade.com
You can also do copy trading
Stake Xrp for daily profit
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