HUGE3h ago
Xrp Surges To $1.39 As Trump Agrees To Two-Week Ceasefire With Iran. Sign Of Things To Come?
Just before his 8PM deadline expired, Trump announced he has agreed to suspend bombing Iran for two weeks on the condition that Iran reopens the Strait of Hormuz.
"We have already met and exceeded all military objectives," Trump said, adding that Iran's 10-point proposal is "a workable basis on which to negotiate."
$XRP is reacting immediately. Up 5% from $1.32 to $1.39. Oil is dropping. Risk is back on.
If the Strait reopens and the ceasefire holds, analysts have XRP targeting $1.50 to $1.60 in the near term, with $2 to $3 on the table if a permanent deal follows.
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