Trump’s election win fueled crypto XRP’s rally to a new high. Here’s why its gains may last.

Date:

December 3, 2024

XRP, the world’s third-largest cryptocurrency by market capitalization, hit a record high at $2.90 on Tuesday before pulling back — with its rally fueled by optimism around a more friendly regulatory environment under the upcoming Trump administration.

Source link

25 Investigates: Boston City Councilor Tania Fernandes Anderson under federal investigation

Former Abercrombie CEO's partner pleads not guilty to sex trafficking charges, is freed on bond

Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Trump’s election win fueled crypto XRP’s rally to a new high. Here’s why its gains may last.

Recent posts

Weight-loss drugs may reduce opioid and alcohol abuse by up to 50%, study finds

Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market

Constellation Brands books large loss on wine and spirits, but beer sales rise

Levi’s sales miss expectations, and jeans maker forecasts higher costs for marketing and logistics

Hurricane Beryl puts focus on oil with climate change likely to intensify storms

Gold gets a boost from expected Fed interest-rate cuts, new focus on jobs

4 life and investing lessons from NYSE icon Art Cashin, dead at 83

Two Magnificent Seven companies report this week. Only one will likely be among the biggest profit drivers.

Holiday sales growth could slow to pre-pandemic levels, retail group says

Oil prices extend gains on July 4 travel expectations, Hurricane Beryl worries

Dollar General asks shareholders to reject investment firm’s stock-purchase offer

Norfolk Southern got more efficient in Q2 despite derailment settlement, shareholder fight

5 stock-market takeaways as Biden sees ‘incredible pressure’ to step aside after debate

U.S. household energy bills won’t shock consumers this winter

Stocks are having their best election year since 1976. What the rally needs to continue.

Related articles

Inflation threatens Fed rate-cut expectations once again. Here’s why.

Oil prices tick higher as investors await OPEC+ decision

Campbell’s is getting a new CEO. Analysts say he could face these ‘uncertainties’ as Trump takes office.

South Korea’s brief martial-law showdown: What U.S. investors need to know

A sweet Black Friday deal for retailers this year: ‘People keep spending money’

U.S. investors watch French budget mess amid memories of eurozone debt crisis

4 life and investing lessons from NYSE icon Art Cashin, dead at 83

Honeywell announces a new collaboration with Bombardier. But it’ll weigh on this year’s profit.

Company

Follow us