On Thursday, XRP advanced by 2.60%. After gaining 3.34% on Wednesday, XRP closed the session at $0.6280.

XRP tracked the broader market into positive territory. On Thursday, the total crypto market cap increased by 1.63% to $2,466 billion. Bets on an H1 2024 Fed rate cut fueled demand for riskier assets. The Nasdaq Composite Index rallied 1.51%, with gold (XAU/USD) continuing to climb higher.

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