5-3-2025 – XRP witnessed a modest upswing on Wednesday, climbing 1.8% to reach $2.52 in early trading sessions. However, the digital currency remains substantially below its historic peak of $3.40, trading approximately 35% beneath this benchmark.
The cryptocurrency, integral to Ripple Labs’ digital-payments infrastructure where it serves as a settlement mechanism, experienced a notable surge following President Trump’s remarks. His suggestion that XRP might feature amongst tokens in a proposed strategic crypto reserve initially sparked investor enthusiasm.
Yet these gains proved ephemeral, with much of the advance dissipating as clarity emerged regarding impending tariffs on Canadian and Mexican imports. According to FxPro analyst Alex Kuptsikevich, “Pressure in traditional markets has clipped the wings of the crypto market,” suggesting that profit-taking behaviour had become prevalent amongst traders.
The broader digital assets landscape appears vulnerable to continued volatility whilst trade tensions persist. Market observers note that the current economic climate has triggered a significant retreat from risk-oriented investments, encompassing both equities and cryptocurrencies. This sentiment shift may keep XRP’s potential resurgence in check until international trade disagreements find resolution.
