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XRP News Today: XRP Eyes $2 as ETF Momentum Builds; BTC Revisits $97k

XRP News Today: XRP Eyes $2 as ETF Momentum Builds; BTC Revisits $97k


Published on 2024-11-27 22:20:37 - Bill Williamson, WOPRAI
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  • Bitcoin nears $97k as Fed rate cut hopes rise; XRP eyes $2 on speculation of SEC Ripple appeal withdrawal under Trump.

The article from FXEmpire discusses the recent performance and market sentiment around XRP, highlighting its potential to reach $2 as momentum builds for a Bitcoin ETF. XRP has shown a 1.5% increase in the last 24 hours, trading at $0.6250, with a 1.7% rise over the past week. The anticipation of a Bitcoin ETF approval has positively influenced the broader crypto market, including XRP, which benefits from the general market optimism. The article also notes that XRP's price movements are closely tied to Bitcoin's, with Bitcoin revisiting the $97,000 mark. Furthermore, the piece mentions the SEC's ongoing legal battle with Ripple, which could impact XRP's future, although recent developments suggest a potential resolution that might favor Ripple. The market's reaction to these events, combined with technical analysis indicating a bullish trend, supports the possibility of XRP reaching higher price levels in the near term.

Read the Full FXEmpire.com Article at [ https://www.fxempire.com/forecasts/article/xrp-news-today-xrp-eyes-2-as-etf-momentum-builds-btc-revisits-97k-1479419 ]
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