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XRP News Today: XRP Slips On Senate Bill But Bulls Defend $2
XRP dips as concerns over the Market Structure Bill trigger profit-taking and rotation into BTC and the broader crypto market. This week, the US Senate Banking Committee released its Market Structure Bill text ahead of the highly anticipated January 15 markup. However, the text received mixed reviews, weighing on the demand for XRP. Despite concerns over the Bill, robust inflows into XRP-spot ETFs and increased XRP utility continue to support a bullish short- to medium-term price outlook for XRP. Below, I will explore the key drivers behind recent price trends, the medium-term (4-8 weeks) outlook, and the key ... (full story)
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