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Cryptocurrency
Ripple (XRP) price declined to $1.08, underperforming a slightly weaker broader market, primarily driven by macro-driven risk aversion and a bearish technical breakdown.
Bitcoin, Ethereum, Binance Coin, Ripple, and other altcoins declined amid selling pressure despite optimism from Japan’s reclassification of cryptocurrencies as financial assets.
XRP traded soft as the token price slid 2.19% to $1.09 on Thursday, underperforming a slightly weaker broader
At the current market price of $1.04, Ripple (XRP) has lost 55% of its market value over 12 months
Bitcoin price (BTC) is down 3% to $58.7k, underperforming a slightly weaker broader market
Backed by over 140 companies, Open Standard unveiled Open USD (OUSD), a dollar-pegged stablecoin for global payments on Tuesday.
Ripple (XRP) price movement has been relatively locked below $2 over the long term,
Bitcoin (BTC) price is down 0.92% in 24 hours to $59,368, underperforming a slightly softer broader
Ethereum (ETH) price inched up 3.26% to $1,610, outperforming the broader market
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