XRP price at a crossroads: rebound to $2.14 meets Senate crypto bill and a $2.22 test
New York, Jan 14, 2026, 02:50 EST XRP climbed roughly 4% to $2.14 during early New York trading on Wednesday, following a choppy session where it dropped to $2.05 before surging to $2.18. Late Monday, U.S. senators rolled out draft legislation aimed at setting clear rules for crypto tokens and deciding which agencies would regulate parts of the market—a move the industry has been pushing for years. The bill proposes giving the Commodity Futures Trading Commission control over spot crypto markets and limits on interest paid just for holding dollar-pegged stablecoins, though some activity-based rewards would still be permitted, Reuters