XRP Rebounds After Massive Sell-Off, Seeks New Highs

Following Thursday’s sudden sell-off that triggered a widespread crypto market decline, XRP has experienced a swift recovery. While the token initially lost over half its value within an hour, a surge in buying activity overnight saw it regain nearly $143 billion in market capitalization. Analysts believe this rebound reflects traders capitalizing on discounted prices and betting against a long-term downturn in the token.