The cryptocurrency market experienced a significant sell-off, leading to a 7.3% decrease in XRP’s value, which fell below the $2.30 support level. This dip aligns with the launch of the first spot XRP exchange-traded fund (ETF) on Nasdaq, hinting at potential profit-taking among holders and the impact of institutional sell pressures.
Continue Reading:XRP’s Surprising Plummet Despite Inaugural ETF Launch on Nasdaq
Source: https://en.bitcoinhaber.net/xrps-surprising-plummet-despite-inaugural-etf-launch-on-nasdaq