Why is XRP Price Down Today: Ripple’s $300M RLUSD Market Rattled as JP Morgan Partners 3 US Banks for “Wall Street Stablecoin” – Crypto News – Crypto News
Connect with us

Business

Why is XRP Price Down Today: Ripple’s $300M RLUSD Market Rattled as JP Morgan Partners 3 US Banks for “Wall Street Stablecoin” – Crypto News

Published

3 weeks ago

on

Ripple (XRP) price plunged 5.2% in the past 24 hours to trade at $2.31 on Saturday, underperforming top five rivals. Derivatives data shows short-term traders rapidly closing out positions, even as Bitcoin (BTC) hit a new all-time high of $111,807. What’s next for XRP price? Ripple (XRP) Reverses to $2.31 Despite Bullish Bitcoin Outlook Ripple (XRP) fell behind the broader crypto rally on Friday, weighed down by macro turbulence and fresh sector-specific risks. While Donald Trump’s 50% tariff threats on the EU triggered fresh institutional demand for Bitcoin on Friday, XRP failed to catch the rally. Ripple XRP price action, May 24, 2025 | Coingecko According to CoinGecko data, XRP declined 5.1% from Friday’s $2.44 to open trading at $2.31 on Saturday. In contrast, Bitcoin surged to a record high of $111,807, fuelled by $934 million in daily ETF inflows—the second highest daily total since inception. With 5.2% losses XRP… Read More at Coingape.com

The post Why is XRP Price Down Today: Ripple’s $300M RLUSD Market Rattled as JP Morgan Partners 3 US Banks for “Wall Street Stablecoin” appeared first on CoinGape.

Related Topics:
Continue Reading

Trending