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Ripple (XRP) is gaining more than 10% this week l Crypto News

 

Ripple (XRP) is gaining more than 10% this week l Crypto News

Digital currency performance has shifted during today's Friday session as Ripple continued to gain momentum, benefiting from demand for risky assets like stocks.

Markets are anticipating new stock offerings from tech companies in the coming days, led by Microsoft, Apple, Amazon, Alphabet and other big names.

Tesla and Netflix reported quarterly trading results this week, with both companies reporting stronger-than-expected second-quarter earnings.

Attention is also drawn to how the Federal Reserve and other global central banks have come together in recent years, and the Federal Reserve is expected to hike rates by 25 basis points before pausing for a moment to catch its breath and assess the impact of its monetary policy on the health of the world's largest economy.

Ripple (XRP)

In terms of trading, Ripple's price was up 0.7% to $0.7829 as of 21:57 GMT on CoinMarketCap, with the digital currency gaining 10.1% over the past seven days.

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