Why XRP Is Gaining Today
XRP (CRYPTO: XRP) is moving higher in Monday's trading. As of 4:40 p.m. ET, the cryptocurrency's token price was up 1.3% over the past 24 hours of trading -- a stretch that saw Bitcoin gain 2.9% and Ethereum gain 2.3%.
XRP's valuation is gaining today as investors weigh macroeconomic and geopolitical risks stemming from the war with Iran. President Donald Trump announced yesterday that the U.S. would be making moves to stop ships from moving through the Strait of Hormuz, but investors are seeing a silver lining in what otherwise be a bearish development.
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Source Fool.com
