- December 7, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post XRP Price Rally Expected as Ripple CEO Announces ’60 Minutes’ Air Date appeared first on Coinpedia Fintech News
Ripple CEO Brad Garlinghouse is set to make waves in the cryptocurrency world with his appearance on the iconic “60 Minutes” show. Known for its influence in American journalism, this episode will focus on Ripple’s efforts for regulatory clarity in the U.S. crypto space. With XRP’s recent price surge, this interview is expected to grab the industry’s attention.
Interview to Air on December 8
In a recent tweet post, Garlinghouse announced that the much-anticipated interview will air on December 8. However, Garlinghouse’s appearance on “60 Minutes” is expected to shed light on Ripple’s role in reshaping the regulatory landscape for cryptocurrencies.
The discussion may also address broader implications for the industry, following claims by Solana co-founder Anatoly Yakovenko, who described Ripple’s legal victory as a major setback for the SEC’s anti-crypto stance.
The interview also aligns with recent comments about SEC Chair Gary Gensler, whose approach has been criticized for slowing the crypto industry’s growth.
Additionally, the interview might shine a spotlight on XRP, which recently hit a multi-year high of $2.82, following a remarkable parabolic rally last month.
Curious about the recent XRP price fluctuation? Read the XRP price prediction to see where this surge could take the token next!
Garlinghouse Interview’s Impact on XRP Price
Brad Garlinghouse’s upcoming appearance on “60 Minutes” is raising hopes for a positive effect on XRP’s price. Currently, XRP is trading around $2.41, showing a strong 30% rise in the past week and reaching a market cap of $137.8 billion.
Crypto analyst Justin Bennett believes XRP could climb even higher. He predicts the price might cross $3 soon, potentially reaching $3.3 if it breaks out from its current pattern on the charts.
Although XRP recently dipped after hitting $2.9 earlier this week, it remains on an upward path. Last month, the token saw a massive 281% gain, showing its strong performance and potential for further growth.
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FAQs
XRP could experience continued growth by 2025, with predictions ranging from $5 to $10, depending on market conditions and regulatory clarity.
Regulatory decisions, market sentiment, and adoption of Ripple’s technology will heavily influence XRP’s price in the coming years.
Ripple’s legal success could positively impact XRP’s price, encouraging greater investor confidence and fostering broader adoption.
