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XRP loses $1 for the first time since Trump’s 2024 election as bearish bets surge and 200,000 XRP stolen

CryptoSlate
XRP loses $1 for the first time since Trump’s 2024 election as bearish bets surge and 200,000 XRP stolen

XRP slipped below $1 as leverage rebuilt and selling pressure deepened across the market. Data from CryptoSlate showed that the digital asset fell as low as $0.99 during the session, its weakest level since November 2024, when Donald Trump won the US presidential election. The move unwinds one of the most important thresholds from XRP’s post-election […] The post XRP loses $1 for the first time since Trump’s 2024 election as bearish bets surge and 200,000 XRP stolen appeared first on CryptoSlate.

Key Takeaways

  1. XRP slipped below $1 as leverage rebuilt and selling pressure deepened across the market.
  2. Data from CryptoSlate showed that the digital asset fell as low as $0.99 during the session, its weakest level since November 2024, when Donald Trump won the US presidential election.
  3. The move unwinds one of the most important thresholds from XRP’s post-election […] The post XRP loses $1 for the first time since Trump’s 2024 election as bearish bets surge and 200,000 XRP stolen appeared first…
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.