XRP price jumps near $1.92 after Ripple’s Saudi bank tie-up, Fed decision in focus
XRP jumped nearly 5% to around $1.92 Monday after Ripple and Riyad Bank’s Jeel unit agreed to test blockchain payment rails. The move followed a sharp weekend drop and came as traders watched for the Federal Reserve’s rate decision set for Wednesday. Bitcoin and ether also posted gains. The SEC’s ban on XRP sales to institutional investors remains in effect after last year’s settlement.