XRP price staged a double-digit rally as traders opened new positions in expectation of a crypto-friendly Trump administration.
XRP jumped 17% over the last 24 hours, outperforming the rest of the crypto market as the rally cooled off.
Data from Cointelegraph Markets Pro and TradingView shows XRP rose from a low of $0.6833 on Nov. 14, climbing as much as 24% to a sixteen-month high of $0.8479.
In comparison, the total crypto market capitalization was down, posting 2.8% daily losses to $2.91 at the time of publication. Bitcoin (BTC) had dropped 4% while Ether (ETH) was down 6% over the same timeframe.
