#MarketRebound XRP Soars Above $2, Liquidating Millions in Shorts After Trump’s Tariff Reversal

In a dramatic twist of market sentiment, Ripple (XRP) has reclaimed the $2 mark, driven by a combination of global market optimism and a significant policy reversal by U.S. President Donald Trump regarding reciprocal tariffs. This surge not only marks a sharp recovery from recent lows but also triggered the liquidation of nearly $20 million in short positions, as per data from Coinglass.