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XRP posts its biggest weekly gains since the 2024 election
The rally coincided with a Bitcoin liquidation surge, and ETF flows plus futures data suggest the strength may be driven partly by short-covering momentum.
According to Decrypt, XRP logged its strongest week since the 2024 election, following a sharp run higher that also marked the token’s biggest daily and weekly gains in months.
The outlet linked XRP’s surge to Bitcoin’s record liquidation wave, describing the move as riding broader market volatility rather than a token-specific catalyst.
Decrypt also pointed to signals from crypto exchange-traded fund flows and futures data, suggesting the rally may be supported by borrowed momentum as traders unwind positions tied to the Bitcoin move.
Latest closeBitcoin $72,617.15 ▲4.8%|XRP $1.232 ▲11.5%