Why Did XRP Price Increase Today?

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XRP price is up 7% on Feb. 4, responding to US President Trump’s pause on Canada and Mexico tariffs, as chart technicals are warning of a "dead cat" bounce.

XRP is up more than 7% over the last 24 hours, bouncing from a low of $1.79 on the day before, rising as much as 55% to a high of $2.78 on Feb. 4

XRP price boosted by Trump’s tariffs pause 

XRP’s rally on Feb. 4 mirrors similar moves across the broader crypto market after US President Donald Trump agreed to put a temporary hold on proposed tariffs aimed at Canada and Mexico. 

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