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XRP Rises 5% to $1.13 Amid Broader Crypto Rally as Ripple CTO Regrets Selling at $0.10
Overall sentiment: Very positive
Open original · Julius Alagbe
Published Jul 21, 2026 · Retrieved Jul 21, 2026
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- XRP price rose about 5% to $1.13, outperforming broader market rally due to technical breakout and investor optimism Newsworthy Reliable Very positive
- XRP broke key resistance band between $1.11 and $1.14, validated by 73% increase in 24-hour trading volume to $1.32 billion Newsworthy Reliable Very positive
- Bitcoin reclaimed $65,000 fueled by renewed ETF inflows and Asian tech stock recovery, supporting broader crypto risk-on sentiment Relevant Reliable Positive
- XRP’s gain of nearly 4% slightly outperformed Bitcoin’s beta, indicating additional coin-specific investor interest Relevant Reliable Very positive
- U.S. Senate decision on Clarity Act before August 7 recess is a key catalyst; passage could boost institutional flows to XRP Newsworthy Plausible Positive
- Ripple CTO David Schwartz regrets selling XRP at $0.10 and Ethereum at around $1, driven by aversion to risk, not lack of faith in crypto Newsworthy Reliable Neutral
- Schwartz previously held about 26 million XRP at peak but has largely reduced his cryptocurrency exposure Relevant Reliable Neutral
- The short-term XRP outlook is cautiously bullish if price holds above $1.11, though lacking a major fundamental catalyst and sensitive to market and regulatory news Relevant Plausible Positive
Type: standard news · Analysis confidence: 95%