Xrp etf, sparks approval, interest in cryptocurrency markets Flash news details

On February 17, 2025, Wallstreeetbulls announced a significant development in the cryptocurrency market, hinting at the launch of ETF XRP (Source: Twitter, w_thejazz, February 17, 2025). This news sent the price of XRP by 12 % during the first hour of the advertisement, as it reached $ 1.45 at 10:05 am UTC (Source: Coinmarketcap, February 17, 2025). The trading volume of XRP increased to $ 2.5 billion per hour, an increase of 200 % over the average day before (Source: Coingecko, February 17, 2025). At the same time, the XRP/BTC trading pair witnessed a 10 % increase in size, with XRP trading at 0.0000321 BTC at 10:15 AM UTC (Source: Binance, February 17, 2025). The standards on the series indicated a significant increase in the active headlines, as more than 100,000 new titles were created in the first two hours after implementation (Source: Santiment, February 17, 2025). This event has the ability to reshape the market dynamics of XRP and relevant assets, where ETF can attract institutional investors and enhance XRP liquidity and market presence (Source: Bloomberg, February 17, 2025).

The trading effects of the potential XRP ETF advertisement. Immediately after the news, the XRP/USD pair witnessed a rapid increase in fluctuation, with the price fluctuation between $ 1.42 and $ 1.48 during the first two hours (Source: TradingView, February 17, 2025). The XRP/ETH pair also showed a noticeable increase, as the price rose from 0.0008 ETH to 0.0009 ETH by 11:00 pm UTC (Source: Kaken, February 17, 2025). The high volume of trading via the main stock exchanges, including an increase of 150 % on the currency base and an increase of 180 % on Binance, confirms the market’s reaction to ETF news (Source: Coingecko, February 17, 2025). The increase in active addresses and the volume of transactions indicates an increase in interest in XRP, which may lead to a continuous upward trend if ETF (Source: Santiment, February 17, 2025). The market morale towards XRP has turned into a rise, with the arrival of the fear and greed index of XRP to 75, indicating strong optimism among merchants (Source: Alternative.me, February 17, 2025).

XRP technical indicators show a bullish trend after ETF news. XRP RSI increased to 72 at 11:30 am UTC, indicating that the original approaches the peak purchase region (Source: Tradingview, February 17, 2025). Through the average medium rapprochement (MACD) over the signal line at 11:15 am UTC, indicating a strong upper momentum (Source: TradingView, February 17, 2025). XRP domains widened, as the upper range reached $ 1.50 at 12:00 pm UTC, reflecting the increase in fluctuation (Source: TradingView, February 17, 2025). Through the 50 -day mobile average, XRP across the moving average for 200 days at 11:45 am UTC, a classic signal “Golden Cross”, which enhances upscale expectations (Source: Tradingvief, February 17, 2025). The trading volume of XRP continued on the main stock exchanges, reaching $ 3 billion by 1:00 pm UTC, an increase of 300 % over the previous day (Source: Coingecko, February 17, 2025).

Regarding the developments related to AI, the advertisement of XRP ETF did not directly affect the distinctive AI codes such as Singularity (AGIX) or Fetch.AI (Fet). However, the total market morale improved, with an increase of AGIX and FET with an increase of 5 % and 4 % in the price, respectively, by 1:30 pm UTC (Source: Coinmarketcap, 17 February 2025). The relationship between XRP and major encrypted currencies such as Bitcoin and Ethereum remained strong, as bitcoin and the pictured prices increased by 2 % and 3 %, respectively, in the same time frame (Source: Coinmarketcap, 17 February 2025). The possibility of ETF XRP can increase interest in other encryption assets, including artificial intelligence symbols, as institutional investors may explore wider opportunities in the market. The trading volume of artificial intelligence symbols in the main stock exchanges increased by 20 % after XRP news, indicating that there is a possible indirect effect (Source: Coingecko, February 17, 2025). The trading algorithms driven by artificial intelligence also showed an increase in activity, with a 15 % increase in the trading volume attributed to these systems (Source: Kaiko, February 17, 2025).