The cryptocurrency market saw a bounce today, with XRP price staying above $2.50 despite recent concerns about a potential crash to $1.5. This is largely due to optimism surrounding the proposed XRP exchange-traded fund (ETF), which has sparked hope in traders. Canary Capital filed for an XRP ETF with the US Securities and Exchange Commission (SEC), fueling optimism that could avert this bearish trend. However, experts warn of potential price drops as bearish sentiment persists. Recent market losses have pushed XRP down from around $3 to its low point of $1.5. While there’s been some recovery, the market remains uncertain about the future trajectory of the coin.