XRP (XRP) jumped on renewed optimism that Ripple could eventually secure a U.S. banking license, but the rally quickly cooled as traders ran into heavy selling near the $1.60 level and booked profits. The token initially rose about 3.5% before reversing to as low as $1.47, underscoring how sensitive majors remain to headline-driven flows even as the market digests a major regulatory signal from U.S. agencies.