{"id":62023,"date":"2025-01-20T10:08:51","date_gmt":"2025-01-20T15:08:51","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=62023"},"modified":"2025-01-20T10:08:51","modified_gmt":"2025-01-20T15:08:51","slug":"crypto-update-xrp-surges-6-41-in-early-trading","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/crypto-update-xrp-surges-6-41-in-early-trading\/62023\/","title":{"rendered":"Crypto update: XRP surges 6.41% in early trading"},"content":{"rendered":"<p><strong>XRP<\/strong> has surged by 6.41%, reaching a price of $3.34 as of January 20, 2025, after wiping out recent losses. The cryptocurrency has gained momentum, jumping 11.30% in the past 24 hours and reaching its monthly high of $2.60 on January 14. Key catalysts driving XRP\u2019s recovery include easing inflation concerns and the potential for President-elect Donald Trump to sign pro-crypto executive orders upon taking office.<\/p>\n<p>XRP\u2019s rebound mirrors the broader market\u2019s recovery, with risk assets like Nasdaq 100 futures climbing 1.90%, signaling optimism in the economy. Additionally, reports indicate Trump will issue executive orders on January 20 that could address crypto de-banking and reverse policies on crypto accounting, which has significantly boosted market sentiment.<\/p>\n<p>The rebound aligns with expectations of a more crypto-friendly regulatory environment, with Trump\u2019s promise to appoint pro-crypto officials and dismiss SEC Chair Gary Gensler fueling bullish sentiment.<\/p>\n<p>Analysts believe XRP could see further gains, with a potential price target of $3.45, representing a 30% increase from current levels. Critical support levels to watch include $2.50, and XRP must surpass $3.00 to confirm an upward breakout.<\/p>\n<p><strong>Disclaimer<\/strong>: This article is for informational purposes only and does not constitute financial advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP has surged by 6.41%, reaching a price of $3.34 as of January 20, 2025, after wiping out recent losses\u2026.<\/p>\n","protected":false},"author":434,"featured_media":61483,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76],"tags":[3926,168,24381,23464,24380,24135,4660,24372,19166,24382],"class_list":["post-62023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-cryptocurrency","tag-donald-trump","tag-market-rebound","tag-price-surge","tag-pro-crypto-policies","tag-ripple","tag-sec","tag-technical-analysis","tag-xrp","tag-xrp-price-target"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/434"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=62023"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/61483"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=62023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=62023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=62023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}