XRP is trading at $12.60, up 5.70% versus the August 19 close, after the U.S. Treasury decided to at least double long-term bond buybacks from $2 billion to $4 billion per operation.

  • The move extends the prior session’s 6.52% gain.
  • Lower long-term yields improved risk appetite.
  • Crypto momentum and short covering amplified the move as Bitcoin and Ether rallied sharply overnight.