🚀 XRP Surges Amid ETF Approvals


XRP is experiencing a significant rally, reaching a monthly high of $2.36. This surge is attributed to the U.S. Securities and Exchange Commission (SEC) approving ProShares' launch of XRP futures exchange-traded funds (ETFs), set to debut on April 30. Additionally, Brazil has approved the first XRP-spot ETF, further boosting investor confidence. Projections suggest XRP could see a 55% rally if these trends continue.



🪙 Bitcoin Holds Steady Near $95K


Bitcoin is trading at $95,264, maintaining its position after recent gains. The market is buoyed by strong inflows into spot ETFs, helping to offset global trade uncertainties. Analysts anticipate that the SEC may soon approve Bitcoin spot ETFs, which could further drive demand.




The SEC has criticized Ripple Labs' plea for a reduced penalty, contrasting it with the $4.5 billion settlement of bankrupt Terraform Labs. The SEC proposed nearly $2 billion in penalties for Ripple, including civil penalties and disgorgement. This ongoing legal battle continues to influence XRP's price movements.



📈 Market Snapshot





Cryptocurrency
Price (USD)
24h Change




Bitcoin (BTC)
$95,264
+2.45%


Ethereum (ETH)
$1,804.63
+2.37%


BNB (BNB)
$606.96
+1.10%


XRP (XRP)
$2.31
+3.59%


Cardano (ADA)
$0.71
+3.31%