<ul><li>President-elect Donald Trump has appointed Scott Bessent, founder of the hedge fund Key Square Group, as the next Treasury Secretary.</li><li>The crypto market surged as Trump appointed Bessent, with positive remarks from Ripple CEO and Cardano founder boosting XRP and ADA prices.</li><li>Ripple CEO Brad Garlinghouse expressed optimism about Bessent's appointment, suggesting a bullish future for XRP and a potential resolution to the SEC lawsuit.</li><li>Cardano (ADA) also experienced a price rally, reaching $1.16 and driven by speculation about a new blockchain-based voting system in the US along with positive sentiment from the appointment of a crypto-friendly Treasury Secretary.</li></ul>

Trump’s Treasury Secretary Pick Sparks XRP and ADA Price Rally

Discover more