XRP News Today: XRP Climbs 8% as Relief in US-China Trade Tension Fueled the Whole Crypto Market!

The XRP Price has been displaying a significant surge recently. It reportedly climbed more than 8% and regained market momentum. According to the latest market data, the native cryptocurrency of XRP Ledger is trading at $2.55, which is 8.3% higher than yesterday’s price. The whole crypto market, including major cryptocurrencies like Bitcoin, Solana, Ethereum, and DOGE, has all marked one of their strongest one-day recoveries in 2025. The market experts confirmed that the ease in US-China tensions and potential avert of a full-blown trade war is the major reason behind this sudden relief rally. 

The crypto market started to show a certain level of revival since October 12, when Donald Trump claimed that investors should not “worry about China.” The latest report suggests that the US administration and China are currently in a “de-escalation” mode since the APEC Summit is ahead, where Donald Trump and Xi Jinping meet for a potential trade deal. For the cryptocurrency market, the trade tension between the USA and China might provide a short-term relief, but the US government shutdown fears will remain a major threat.

XRP Outperformed BTC, ETH, and Pushed Above Its Key Short-Term Resistance Levels

Following Donald Trump’s official post on Truth Social regarding the easing of US-China trade tensions, XRP has shown a strong outperformance against Bitcoin and Ethereum and broken above its key short-term resistance levels. XRP price today is $2.55, and it has been trading with a $9.7 billion daily trading volume, which is 4.04% higher than the previous day’s activity. XRP currently shows a 3.97% market dominance, and it reportedly displayed a price gain of 8.34% in the last 24 hours. 

The recent market analysts believe that the XRP price is on the verge of a recovery wave above the $2.50 zone, and they are also concerned about the major hurdle XRP might encounter at the $2.60 level. Mainstream media reported that there had been a decent increase above the 61.8% Fib retracement level of the downward move from the $3.05 swing high to the $1.40 swing low. The experts claim that despite the current bullish trend, XRP could face some significant price drops if it can’t execute a move above the $2.65 resistance level.

They believe that the latest progress in US-China tensions and possible XRP spot-ETF application decisions will play a major role in the upcoming XRP price rally. The prominent diplomats believe that the US and China are in a de-escalation mode and are planning for a trade deal ahead of the APEC Summit, starting on October 31. This will boost the whole crypto market since it alleviates worldwide concerns over trade barriers and a risky environment in global markets. 

“Don’t worry about China,” Says Donald Trump on Truth Social! 

The Crypto market has been experiencing a notable revival since October 12, after the United States President Donald Trump made an announcement that eased investor concerns. The recent thaw in US-China trade tensions has fueled the crypto price rally, and prominent cryptocurrencies like BTC, ETH, SOL, XRP, and DOGE have experienced a 1.9% 8.2, 6.3, 8.3, and 7.6% increase, respectively.

Donald Trump said not to worry about China, that it would all be fine. He stated that the highly respected President Xi had just had a bad moment and that he didn’t want Depression for his country, and neither did he. He added that the USA wanted to help China, not hurt it.

Chinese administration clarified its announcement regarding rare earth mineral export restrictions and claimed that the United States could turn aside the trade war. The Kobeissi Letter reported that China said new export controls on rare earths were not a ban on exports and that applications that met regulations would be approved. They also stated that China was willing to strengthen dialogue to better maintain the stability of global industrial and supply chains.

The impact of easing US-China trade tensions on the cryptocurrency market would be big. The initiative will provide short-term relief to the cryptocurrency market performance, but the ongoing U.S. government shutdown fears and spot ETF delays will make a notable impact and push the cryptocurrencies further down. Crypto experts claimed that XRP-spot ETFs were unlikely to receive an SEC greenlight until November if the US government shutdown extended beyond that week.  

Disclaimer: Cryptocurrency is an extremely volatile asset and possesses financial risks. Invest in it by consulting a financial advisor or a crypto expert.