XRP Surges Past BNB to Become Third-Largest Cryptocurrency Amid US-China Trade Optimism
XRP Surges Past BNB to Become Third-Largest Cryptocurrency Amid US-China Trade Optimism

XRP Surges Past BNB to Become Third-Largest Cryptocurrency Amid US-China Trade Optimism

News summary

The global cryptocurrency market has seen a notable rally largely driven by positive developments in U.S.-China trade relations during President Donald Trump's second term, which has eased supply chain concerns and boosted market confidence. Bitcoin and Ethereum have shown gains, with Bitcoin trading near $113,367 and Ethereum reaching $4,049, while XRP has experienced significant momentum, surging past Binance Coin to become the third-largest cryptocurrency by market capitalization. XRP's rise is attributed to increased trading volume, whale accumulation, and strategic corporate moves by Ripple and related entities, including plans for a $1 billion IPO and institutional product launches. Technical analysis suggests XRP could potentially target $3.10, supported by bullish investor sentiment despite some market volatility and social media-driven retail fears. Additionally, other cryptocurrencies such as Dogecoin and newer projects like BlockDAG are attracting attention for their growth prospects, with BlockDAG's $430 million presale and strategic Binance AMA positioning it as a potential standout in 2025. Overall, these factors collectively underscore a bullish outlook for XRP and heightened interest across the broader crypto market backed by geopolitical and institutional catalysts.

Story Coverage
Bias Distribution
100% Center
Information Sources
98605d3a-f647-49a6-87c7-2db995124a5a
Center 100%
Coverage Details
Total News Sources
1
Left
0
Center
1
Right
0
Unrated
0
Last Updated
7 hours ago
Bias Distribution
100% Center
Related News
Daily Index

Negative

24Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News