XRP, the cryptocurrency, experienced significant price movements in the past few days. It initially dropped to $2.33 during a market crash but quickly rebounded and reached $3 within 72 hours. It then rose to a new seven-year high of $3.2 before spiking to $3.39. The reasons behind this rally include whale accumulation, increased adoption of the XRP network, and excitement around political changes in the US. Although XRP faced a rejection and dropped to $3.3, experts believe it has the potential to break the $3.4 barrier and reach its previous all-time high. Market dynamics have shifted, with cryptocurrencies being viewed as less risky assets following the release of favorable US CPI numbers. XRP is considered one of the biggest beneficiaries of this change.



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