🟩The cryptocurrency market started the year with significant growth, adding $160 billion to its total capitalization in just 24 hours. XRP emerged as the leader among altcoins, surging 13% to $2.45. Its market capitalization climbed to $137.5 billion, surpassing USDT and making XRP the third-largest digital asset.
🟩Key support at the $2.00 level bolstered buyer confidence. The market’s rally is attributed to expectations of pro-crypto policies under Donald Trump’s administration, including the establishment of a Bitcoin reserve and the appointment of Paul Atkins as SEC chairman.
🟩Ripple CEO Brad Garlinghouse stated that the anticipated launch of a spot ETF for XRP, for which applications are already filed, could further solidify its market position.