Cryptocurrencies typically gain when interest rates fall as riskier assets such as Bitcoin or XRP see higher demand. Traders still expect rates to go down, but just not as much as

But what’s next that could drive XRP higher? Ripple has already launched the RLUSD stablecoin, which is fully backed by cash in the form of USD, government treasury securities, and other cash equivalents.

The price of bitcoin leapt back above $100,000 to start the first full trading week of the new year. The flagship cryptocurrency was last higher by about 4% at $102,234, according to Coin Metrics. The broader crypto market,

XRP price rose early Monday amid a mixed start to the week for cryptocurrencies.XRP, the token, which is used to facilitate and settle transactions on Ripple Labs’ digital-payments platform, is up 1.9% to $2.