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Ripple’s XRP has skyrocketed above $0.50 in the past few minutes. The cryptocurrency seems to be following the uptick in the entire market, as most coins are trading well in the green.
The main reason for the increase in Ripple’s XRP price seems to be that of reports circling an approved spot Bitcoin ETF.BREAKING: SEC APPROVES ISHARES BITCOIN SPOT ETF.Most of the gains made by XRP in light of the reports have been erased at the time of this writing.BlackRock has just confirmed to me that this is false. Their application is still under review. – Terrett commented on Cointelegraph’s tweet.
Dark Side of Crypto ETF Approval: Unveiling the Hidden Risks and Challenges for Markets and InvestorsWe’re Still the Most Compliant Crypto Exchange Today: Binance’s New CMO Sheds Light On Its Urgent Challenges Sign-up FREE to receive our extended weekly market update and coin analysis report Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
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