tldr; XRP’s market capitalization dropped by nearly $10 billion in a single day, falling from $192.28 billion to $182.73 billion, despite Ripple’s recent legal victory. The decline is attributed to newly reported U.S. inflation data, which showed significant increases in the Producer Price Index (PPI) and Consumer Price Index (CPI), sparking concerns about Federal Reserve rate cuts. The broader crypto market also saw declines, with Bitcoin and Solana experiencing notable drops.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
GimpyPlayerOne on
Kinda reminds me of Mt. Gox and bitcoin a while back.
WhyYesIAmADog on
People just don’t care about xrp anymore the CEOs don’t really do anything, especially after winning a major case.
potatoMan8111 on
Shitcoin gonna shitcoin
TheKingPancake on
XRP is up over 500% from last year. Zoom out.
Kracus on
XRP is a privately controlled crypto currency. Anyone that thinks the rug isn’t going to slowly get pulled as gains are had is deluding themselves.
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Ripple = bad
tldr; XRP’s market capitalization dropped by nearly $10 billion in a single day, falling from $192.28 billion to $182.73 billion, despite Ripple’s recent legal victory. The decline is attributed to newly reported U.S. inflation data, which showed significant increases in the Producer Price Index (PPI) and Consumer Price Index (CPI), sparking concerns about Federal Reserve rate cuts. The broader crypto market also saw declines, with Bitcoin and Solana experiencing notable drops.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Kinda reminds me of Mt. Gox and bitcoin a while back.
People just don’t care about xrp anymore the CEOs don’t really do anything, especially after winning a major case.
Shitcoin gonna shitcoin
XRP is up over 500% from last year. Zoom out.
XRP is a privately controlled crypto currency. Anyone that thinks the rug isn’t going to slowly get pulled as gains are had is deluding themselves.