XRP is catching everyone’s attention this week after making a big jump in price. The digital coin, created by Ripple, rose over 30% in just a few days. On Wednesday, it hit $3.25, and many people are now asking, “Why is XRP going up?”

Bitcoin recently achieved a significant milestone, surpassing the $100,000 mark for the first time. This surge is largely attributed to President-elect Donald Trump's proposal to establish a U.S. strategic Bitcoin reserve, akin to the nation's strategic oil reserve. Such a move has invigorated investor confidence, propelling Bitcoin to unprecedented heights.