Bitcoin, XRP Jump on Trump-China Trade Hope. Inflation Data Matter More for Cryptos.

The price of Bitcoin, XRP, and other cryptocurrencies jumped Friday as trade developments between the U.S. and China supported risky assets. Investors will be closely watching inflation data later in the day. President Donald Trump and China’s leader Xi Jinping are expected to meet next week in South Korea, boosting the chances of an agreement between the world’s two largest economies.

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