Ripple (XRP) is up 9.1% this week to $2.2632, slightly underperforming the broader crypto market, where Bitcoin (BTC) has surged by 11% to $94,204. The rally is fuelled by improving macroeconomic sentiment and bullish technical signals across the sector.

Bitcoin's breakout followed a shift in tone from U.S. President Donald Trump, who hinted at reducing the steep 145% tariffs on Chinese imports, stating they would “come down substantially, but it won’t be zero.” This softening stance is seen as an effort to re-engage China in trade talks, calming investor nerves. Trump also scaled back his criticism of Federal Reserve Chair Jerome Powell, confirming he had “no intention” of removing him despite recent tensions.

These signals have triggered a wave of optimism in financial markets, particularly in crypto. Bitcoin’s decisive move above the $90,000–92,000 resistance zone marks a critical technical breakthrough. If the price holds above this level, it would open the path to a potential surge towards $150,000–200,000.

XRP is benefiting from this positive momentum. In addition to broader market gains, XRP is drawing strength from growing speculation that a spot XRP-ETF could be approved soon. These expectations are helping drive the token toward the key resistance at $2.5000. If confirmed, the ETF approval could serve as a significant catalyst for further upside.