XRP, the bridge cryptocurrency, has maintained its marginal but steady lead of 1.6% this week, currently trading at $2.20, despite facing a significant drop of 22.9% in its overall trading volume on Tuesday. Mirroring the overall crypto market that experienced a slight rebound on Tuesday, the price of XRP is holding steady at $2.20 despite Ripple recently transferring 130 million XRP tokens to multiple wallets, sparking concerns among traders. Weekly analysis also shows XRP price down by 7.3%, recording a weekly all-time-high of $2.35 on May 27 and an all-time-low of $2.11 on May 31, according to data from CoinGecko. Why is XRP price struggling? According to experts, the significant drop in XRP trading volume and a 7.3% price downer this week is largely attributed to growing fears among investors due to ongoing tariff tensions between U.S., China and other nations, along with the recent decision by Ripple to transfer… Read More at Coingape.com
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