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Why XRP (Ripple) Is Surging Today


As of 3:48 p.m. ET Wednesday, the price of XRP (CRYPTO: XRP) was up by 6.3% over the prior 24 hours. While there was no obvious reason for that rise that could be directly connected to the crypto, several events likely helped drive it.

Wednesday started off with a bang when media outlets, citing an anonymous White House official, reported that President Donald Trump was planning to fire Federal Reserve Chair Jerome Powell, whom he has criticized for months. The stock market started to fall until Trump eventually denied the report.

Image source: Getty Images.

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Source Fool.com

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