Why XRP Was Skyrocketing Last Week
XRP's (CRYPTO: XRP) token price has continued to see a wave of strong bullish momentum. The company's share price had risen 22.8% over the past seven days of trading, as of 2:35 p.m. ET on Sunday. Meanwhile, Bitcoin was down 0.7% over the same stretch, and Ethereum had risen 25%.
XRP's token price and market capitalization hit new record highs over the last week thanks to the "Crypto Week" initiative in the U.S. House of Representatives and the passage and signing of the first major regulations bill for the crypto industry. The token now has a market cap of roughly $207.5 billion and ranks as the world's third largest cryptocurrency by valuation.
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Source Fool.com
