XRP price takes another hit today as digital asset slide continues. What’s happening with the crypto market?
The value of cryptocurrency XRP continues to slide, dipping as low as $1.92 as of Monday morning. XRP—the native crypto token of the XRP Ledger, created by Ripple Labs—has seen its value hover around the $2 mark for roughly a month, and has been on a downward trend since late July, when values peaked at more than $3.50.
Values remained elevated through most of the summer months, catalyzed by U.S. regulators dropping legal actions against Ripple Labs, which had stretched on for several years. Additionally and subsequently, XRP ETFs have hit exchanges, theoretically broadening XRP’s appeal and reach within the crypto........
