Why XRP Is Rising Today
Since Friday afternoon, the price of XRP (CRYPTO: XRP) has traded roughly 7% higher as of 10:45 a.m. ET today. In general, cryptocurrencies rebounded over the weekend and there was also some positive token-specific news for XRP as well.
The broader market including crypto struggled last week, as trade tensions between President Donald Trump and China ratcheted up and as investors grew concerned over several bad bank loans that many believed could represent broader economic struggles. But since then, Trump has walked back some of his threats against China and said he intends to meet with China President Xi Jinping in a few weeks.
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Source Fool.com
