Ripple Rallies After US-China Trade Deal, Momentum Then Falters

A sudden surge in XRP price yesterday briefly pushed it past $2.65 after positive news emerged from the U.S.-China trade dispute. However, this move was short-lived, and XRP settled at around $2.55 by the end of the day. The market gains nevertheless provided a much needed boost for crypto investors. Crypto News Flash revealed a surprising development: the two nations reached an agreement to scale back their trade tensions, which contributed to the price jump.