XRP’s price is down today, mirroring trends elsewhere in the cryptocurrency market as investors de-risk after Federal Reserve Chairman Jerome Powell’s hawkish statements at Jackson Hole.
On Aug. 25, the XRP (XRP) price dropped 1.25% to $0.507, slightly underperforming the crypto market, whose capitalization fell 1% in the same period. This coincided with the (DXY) rising to a two-month high, suggesting investors are increasingly seeking safety.
Cointelegraph
Source link