$XRP

As of February 12, 2025, XRP is trading at approximately $2.39, experiencing a slight decrease of 2.05% from the previous close.

In recent days, XRP has seen notable price movements. On February 11, 2025, it rose by 3.3% to $2.51, coinciding with investor anticipation of the January Consumer Price Index (CPI) report. This report is significant for the crypto market, as higher-than-expected inflation could reduce the likelihood of Federal Reserve interest rate cuts, potentially impacting riskier assets like cryptocurrencies.

In late 2024, XRP experienced a substantial surge, with its price reaching approximately $0.80 on November 15, 2024. This increase was influenced by speculation surrounding SEC Chair Gary Gensler's potential resignation and expectations of a more favorable regulatory environment for cryptocurrencies.

Given these factors, XRP has demonstrated significant volatility influenced by regulatory developments and macroeconomic indicators. Investors should monitor these elements closely, as they can substantially impact XRP's market performance.