XRP Had One of Its Best Days Since 2020, but Is the Price Rally Worth Trusting?
The XRP price rally stole a rare spotlight on August 19, jumping 10.40% and beating Bitcoin’s 7.13% as a record short squeeze lifted the whole market. For anyone asking why XRP is going up, the squeeze is the spark, but the token added strength of its own. Yet the money that confirms rallies, the history The post XRP Had One of Its Best Days Since 2020, but Is the Price Rally Worth Trusting? appeared first on BeInCrypto.
Key Takeaways
- The XRP price rally stole a rare spotlight on August 19, jumping 10.40% and beating Bitcoin’s 7.13% as a record short squeeze lifted the whole market.
- For anyone asking why XRP is going up, the squeeze is the spark, but the token added strength of its own.
- Yet the money that confirms rallies, the history The post XRP Had One of Its Best Days Since 2020, but Is the Price Rally Worth Trusting?
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

Bitcoin ETFs draw $517M in largest one-day inflow since early May
Investors have poured more than $1 billion into US spot Bitcoin ETFs this week as BTC neared $72,000 and Ether climbed 19% to about $2,286 on Thursday.

GnosisDAO Approves Gnosis Chain Shift Toward Ethereum Rollup Model
GnosisDAO Approves Gnosis Chain Shift Toward Ethereum Rollup Model - Read the full analysis.

Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out
Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.