Home Blockchain News Ripple (XRP) Price Nosedives in Shocking 25% Plunge after 2019 High

Ripple (XRP) Price Nosedives in Shocking 25% Plunge after 2019 High

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By CCN: Ripple’s honeymoon in the cryptocurrency market may be over. The XRP-to-dollar exchange rate on Friday established an intraday low towards $0.359 on BitStamp amidst a flash crash action. The pair attempted to bounce back, but the volume was not adequate to erase its latest drop. On the whole, it plunged up to 25-percent in just two days, implying that its previous bullish sentiment is close to fading. XRP’s market mirrored sentiment as that of other top cryptocurrencies. The last 24 hours witnessed bitcoin, the world’s leading cryptocurrency, depreciating against the US dollar by 8-percent. Meanwhile, Ethereum, Bitcoin Cash,

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* First published on ccn.com

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