{"id":36039,"date":"2025-07-09T19:02:05","date_gmt":"2025-07-09T19:02:05","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36039"},"modified":"2025-07-09T19:02:05","modified_gmt":"2025-07-09T19:02:05","slug":"xrp-prices-hit-7-week-peak-as-this-crucial-metric-suggests-further-gains","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36039","title":{"rendered":"XRP Prices Hit 7-Week Peak as This Crucial Metric Suggests Further Gains"},"content":{"rendered":"
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There\u2019s an evident uptick in the cryptocurrency market, especially when it comes to altcoins, as many have marked notable gains of up to 5% on a 24-hour scale.<\/p>\n

Ripple\u2019s native cross-border token is among the examples, as the asset jumped to $2.4 for the first time since late May today.<\/p>\n

\"XRPUSD.<\/a>
XRPUSD. Source: TradingView<\/figcaption><\/figure>\n

One of the possible reasons behind the price pumps in the past few hours could be linked to US President Trump\u2019s call<\/a> for a massive interest rate cut by the Federal Reserve. After all, riskier assets like crypto should benefit from such a monetary move.<\/p>\n

XRP<\/a> is among the top performers on a daily scale, climbing by nearly 4% and reaching the aforementioned seven-week peak. Moreover, the fourth-largest cryptocurrency has gained over 25% since its monthly bottom at the end of June at $1.9 during the Israel-Iran war.<\/p>\n

According to data shared by Santiment, Ripple\u2019s price pump could also be attributed to large investors accumulating substantial portions of its supply. In fact, the number of wallets holding at least a million XRP reached a new all-time high yesterday at 2,743. Today, the number is just shy of that peak, Santiment said.<\/p>\n

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XRP\u2019s market value has hit a 7-week high, crossing above $2.39 for the first time since May 23rd. What to watch for are the rising number & collective balances of whales holding at least 1M $XRP<\/a>.<\/p>\n

There are currently 2,742 wallets holding at least 1M XRP, one off from\u2026 pic.twitter.com\/UPPlSWq7TD<\/a><\/p>\n

\u2014 Santiment (@santimentfeed) July 9, 2025<\/a><\/p>\n<\/blockquote>\n