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Why XRP (Ripple) Is Soaring Today

TheMotleyFool

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Since 4 p.m. yesterday, the price of XRP (CRYPTO: XRP) is trading 7.4% higher, as of 3 p.m. ET today. There are several reasons the token may be rising, including bullish sentiment in the crypto sector, and more positive news regarding the Securities and Exchange Commission's (SEC's) previous lawsuit against Ripple, the company behind XRP.

Major market indexes and many cryptocurrencies rallied today, as the market clawed back some of the losses from Friday after Israel attacked nuclear facilities and military sites in Iran.

Image source: Getty Images.

Source Fool.com

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