
XRP Jumps 8% to $1.49 as Short Squeeze and Batch Upgrade Fuel Rally
- —XRP at $1.49, up 8% in 24 hours and 7% on the week
- —Bitcoin tops $84,000 for the first time in eight months; $260M in shorts liquidated in an hour
- —Total crypto market cap rises 6.2% to $2.99 trillion
- —Batch 1.1 upgrade enables atomic delivery-versus-payment settlement on XRP Ledger
Why it matters: The break above the $1.42–1.43 resistance zone opens the door to $1.449 and $1.51, while the Batch upgrade strengthens institutional demand for the XRP Ledger.
Source: Coinpedia