XRP Surges Past $2 – What’s the Real Reason Behind the 15% Spike?

After a rocky start to the week, XRP staged an impressive comeback, soaring over 15% in a single day and reclaiming the psychologically important $2 mark for the first time in months. But what really triggered this rally?

📉 Collapse, Shock – and Then a Turnaround Just days ago, on April 7, XRP plunged to a multi-month low of $1.64 amid intensifying global trade tensions. With investors retreating from risk assets, the broader crypto market stumbled – and XRP was no exception. Attempts to recover above $2 initially failed. But on April 9, XRP skyrocketed by 15.3%, reaching an intraday high of $2.08. While it slightly pulled back to $2.03 before press time, its 24-hour gains held firm at +12.4%.

🧨 What Triggered the Rally? One Clear Reason: Trump’s Tariff Pause Although some speculated that XRP’s surge was fueled by Ripple’s acquisition of Hidden Road or progress in the ongoing SEC lawsuit, the primary catalyst appears to be a major political decision from U.S. President Donald Trump. Trump announced a 90-day suspension of all “reciprocal tariffs”, a move that was seen as a de-escalation of rising trade tensions. For the next three months, the U.S. will lower retaliatory tariffs to 10%, providing global markets with a breather. However, this goodwill did not extend to China. On the contrary, Trump increased tariffs on Chinese goods to 125%, citing the country’s “lack of respect” for international market rules.

📊 XRP Rallies Alongside Bitcoin Markets responded with enthusiasm. Along with XRP, Bitcoin bounced from $74,400 to over $82,000, as confidence returned to risk-on assets. Despite the strong rally, XRP is still down 3.35% over the past week and 5.06% over the last 30 days, underscoring ongoing volatility and uncertainty.

🧠 Summary: One Statement, Massive Market Reaction Trump’s tariff decision once again highlighted how sensitive crypto markets are to geopolitical news. While fundamentals matter, sometimes one powerful headline is enough to send prices soaring. The real question is:

👉 Will XRP hold above $2 – or was this just a short-term spike?

#xrp , #Ripple , #Altcoin , #CryptoPredictions , #CryptoAnalysis

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