Why XRP Is Sinking Today
XRP (CRYPTO: XRP) is moving lower in Tuesday's trading. The cryptocurrency's token price was down 4.2% over the previous 24 hours of trading as of 10:15 a.m. ET. Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) were down 1.7% and 3.2%, respectively, over the same stretch.XRP is once again seeing significant pricing movement in conjunction with political catalysts -- although this time, it's in a bearish direction. The token is getting hit with significant sell-offs on the heels of a recent controversy surrounding Argentine President Javier Milei.Last Friday, President Milei published a message that seemed to endorse Libra -- a new cryptocurrency that he said would help encourage "economic growth by funding small businesses and start-ups." Continue reading
XRP (CRYPTO: XRP) is moving lower in Tuesday's trading. The cryptocurrency's token price was down 4.2% over the previous 24 hours of trading as of 10:15 a.m. ET. Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) were down 1.7% and 3.2%, respectively, over the same stretch.
XRP is once again seeing significant pricing movement in conjunction with political catalysts -- although this time, it's in a bearish direction. The token is getting hit with significant sell-offs on the heels of a recent controversy surrounding Argentine President Javier Milei.
Last Friday, President Milei published a message that seemed to endorse Libra -- a new cryptocurrency that he said would help encourage "economic growth by funding small businesses and start-ups."
