XRP rises by 7.3% amidst whale movements, ETF launch, and strong market momentum

XRPUSDT saw a notable price increase of 7.30% in the last twenty-four hours, rising from 2.8808 to 3.0912. This movement is attributed to increased trading activity and renewed investor interest following recent whale transactions involving approximately 470 million XRP tokens. The price change is also influenced by broader market factors, including the release of the Federal Reserve's July meeting minutes and positive sentiments surrounding regulatory developments, such as the launch of the largest XRP ETF in Canada by 3iQ and ongoing discussions about XRP ETFs. Currently, XRPUSDT is trading at 3.0912 with strong trading volume over the past 24 hours, placing XRP among the top cryptocurrencies by market capitalization and reflecting strong market interaction despite recent volatility.$XRP

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