XRP price has shown a significant increase recently. It reportedly rose more than 8%, regaining momentum in the market. According to the latest market data, the XRP Ledger’s native cryptocurrency is trading at $2.55, 8.3% higher than yesterday’s price. The entire crypto market, including major cryptocurrencies such as Bitcoin, Solana, Ethereum, and DOGE, recorded the strongest one-day recovery in 2025. Market experts confirmed that the easing of US-China tensions and the possibility of avoiding a full-blown trade war are the main reasons for this sudden rise in relief.
The cryptocurrency market has begun to see some recovery since October 12, when President Donald Trump asserted that investors “shouldn’t worry about China.” The latest reports suggest that the US government and China are currently in “de-escalation” mode ahead of the APEC summit, where President Donald Trump and President Xi Jinping will meet on a potential trade deal. While the trade tensions between the US and China may provide some short-term relief for the crypto market, concerns about a US government shutdown will remain a major threat.
XRP Outperforms BTC, ETH, Above Key Short-Term Resistance Level
Following Donald Trump’s official post on Truth Social about easing US-China trade tensions, XRP posted a strong outperformance against Bitcoin and Ethereum, breaking through key short-term resistance levels. Today’s XRP price is $2.55, with a daily trading volume of $9.7 billion, which is an increase of 4.04% from the previous day’s trading. XRP currently exhibits a market power of 3.97% and reportedly showed a price increase of 8.34% in the past 24 hours.
Recent market analysts believe that XRP price is on the verge of a recovery wave above the $2.50 zone, and are also concerned about a major hurdle that XRP may encounter at the $2.60 level. Mainstream media reported that there was a substantial rally above the 61.8% Fib retracement level of the decline from the swing high of $3.05 to the swing low of $1.40. Experts claim that despite the current bullish trend, XRP could face a significant price decline if it fails to execute a price move above the $2.65 resistance level.
They believe that the latest developments in US-China tensions and the possible decision to apply the XRP Spot ETF will play a major role in the future XRP price rise. Prominent diplomats believe the US and China are in detente mode and are planning a trade deal ahead of the APEC summit, which begins on October 31st. This will boost the overall cryptocurrency market as global concerns about trade barriers and the global market risk environment will be reduced.
“Don’t worry about China,” Donald Trump says on Truth Social!
The cryptocurrency market has experienced a remarkable resurgence since October 12th. US President Donald Trump has made an announcement that allays investor concerns.. The recent easing of trade tensions between the US and China has accelerated the rise in cryptocurrencies, with prominent cryptocurrencies such as BTC, ETH, SOL, XRP, and DOGE increasing by 1.9%, 8.2%, 6.3%, 8.3%, and 7.6%, respectively.
President Donald Trump said there’s no need to worry about China, everything will be fine. He said the respected President Xi was at the wrong time and did not want a crisis for the motherland, nor did President Xi. He added that the United States wants to support China, not hurt it.
The Chinese government clarified its announcement on export restrictions on rare earth minerals, claiming the US could avoid a trade war. The Kobeisi letter reported that China said the new rare earth export restrictions are not an export ban and that applications that meet the regulations will be approved. The two leaders also said that China is ready to strengthen dialogue to better maintain the stability of global industrial and supply chains.
Impact of easing US-China trade tensions on the world cryptocurrency market It’s probably big. Although this initiative will provide short-term relief to crypto market performance, the ongoing US government shutdown concerns and spot ETF delays will have a noticeable impact and further depreciate cryptocurrencies. Cryptocurrency experts argued that the XRP Spot ETF is unlikely to receive SEC approval until November if the US government shutdown extends beyond that week.
Disclaimer: Cryptocurrencies are highly volatile assets and involve financial risks. Please consult a financial advisor or cryptocurrency expert before investing.
