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$XRP *XRP Coin Brief* XRP is a cryptocurrency designed for fast, low-cost cross-border payments. It's used by Ripple for liquidity in global transactions. XRP has seen significant price movements amid growing adoption and regulatory developments. Recently, XRP hit new all-time highs above $3.60 as optimism around spot ETFs and U.S. legislation surged. With its focus on efficiency and partnerships with financial institutions, XRP remains a notable player in the crypto market.
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The cryptocurrency market saw a sharp rally today as optimism around spot ETFs grew stronger. Bitcoin (BTC) surged above $120,000, while Ethereum (ETH) jumped 7% to $3,600 after fresh ETF inflows exceeded $700 million. Altcoins like Solana (SOL) and XRP also soared, with XRP hitting new all-time highs above $3.60. The overall crypto market cap crossed $4 trillion, fueled by bullish sentiment and U.S. legislation. Analysts believe upcoming ETF approvals could trigger the next leg of growth, especially for Ethereum and Solana, which are attracting both retail and institutional interest at record levels.
In a historic move, the U.S. House passed three major crypto bills in what is being called “Crypto Week.” The GENIUS Act sets national rules for stablecoins and bans the Federal Reserve from launching a Central Bank Digital Currency (CBDC). Meanwhile, the Clarity for Digital Assets Act assigns crypto regulation roles between the SEC and CFTC. The Anti-CBDC Surveillance State Act blocks any government-issued digital money from tracking citizens. These steps are seen as a breakthrough for investor confidence, regulatory clarity, and the broader growth of the U.S. crypto industry.