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November 22, 2024

XRP Surges to $1.40: Impact of SEC Chairman’s Departure on Market Sentiment

The price of XRP experienced a remarkable jump of 25%, reaching $1.40, following announcements surrounding SEC Chairman Gensler’s departure. This development has significantly influenced market sentiment, setting new trading volume records and garnering attention from institutional investors. Notably, WisdomTree’s recent launch of an European ETP focused on XRP has heightened interest among traditional finance entities, indicating a shift in perceptions regarding XRP. As Ripple’s status continues to evolve in the regulatory landscape, investors are poised to watch how these changes affect XRP’s market trajectory in the coming months.

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