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Ripple, Santarder & Bitcoin – American Wrap 29 May


Ripple (XRP) hovers at around $2.28 at the time of writing on Thursday, reflecting bullish sentiment in the crypto market after a United States (US) court nixed President Donald Trump’s tariffs on Wednesday. Despite the token staying closer to its short-term support at $2.26, a technical pattern breakout is anticipated in upcoming sessions, signaling a potential move to $2.63.

Santander, the largest bank in Spain, is expanding its business to include digital assets, with early-stage plans to issue stablecoins denominated in US Dollars (USD) and Euros (EUR). The offerings could extend retail access to cryptocurrencies through Openbank, Santander’s digital bank.

 

Bitcoin (BTC) failed to rally after repeated bullish announcements at the Bitcoin Conference 2025. BTC price is declining slightly on Thursday, trading above $107,100 at the time of writing. While Bitcoin traders were unimpressed by the recent market updates, Ethereum (ETH) price climbed to its highest level since February 2025 before retreating. 

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