XRP price is showing bullish trends, along with other major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). A significant factor contributing to this uptick is Fed Chair Jerome Powell's speech at the Jackson Hole Symposium in Wyoming, which bolstered key global markets including crypto and stocks.
In the last 24 hours, Ripple's price has surged by 2%, contributing to a nearly 9% increase over the past seven days. This surge has led to speculation on whether XRP will soon skyrocket above the $5 mark.
The post originated from CoinGape, highlighting the implications of market trends and influential speeches on XRP's price movement.
