XRP is changing hands at $1.30, up 18% on the day, extending a violent 22% rally that carried the token to $1.26 in a single 24-hour window. This surge was driven by two August 19 announcements: the U.S. Treasury doubling its longer-term bond buyback program and President Trump’s push to make the U.S. a Bitcoin superpower via the CLARITY Act. The total crypto market cap jumped 8% to $2.5 trillion in 24 hours. Technically, resistance sits at $1.30-$1.34 while support has shifted to $1.10-$1.00, with downside risk toward $0.62 if momentum fails.
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