Why is XRP Down Today? CME’s Futures Contracts Denial, Broader Market Slump Weigh on Performance

Jan 23 2025 bitcoin


XRP is down by nearly 5% over the last 24-hour period to seemingly move to retest the $3 mark in a drawdown that’s coming after it briefly saw its total market capitalization surpass that of Wall Street giant Goldman Sachs. Since then, XRP’s market cap has plunged by around $20 billion as the wider cryptocurrency

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