XRP Ledger transactions dropped to nearly a sixth of their value this year Ripple (XRP) trades at $0.5833 on Monday as the altcoin extends gains and recovers from the crypto market crash in early August.
XRP Ledger transactions dropped to nearly a sixth of their value this year Ripple trades at $0.5833 on Monday as thealtcoinextends gains and recovers from the crypto market crash in early August. The Ripple stablecoin announcement, the Securities & Exchange Commission vs.Ripplelawsuit ruling and recent research reports published by SBI-owned HashHub are the key market movers for the altcoin this week.
The decline also coincides with ETHattempting to repeat a historical price move that itexperienced in the last two years. Bitcoin holds up as on-chain data shows reduced miners' selling pressure Bitcoin trades around $58,000 on Monday, down 0.7% on the day and extending the consolidation phase between $57,000 and $62,000 seen in the past ten days.
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