3 Reasons Why XRP Price Correction Heading to $0.4
coingape.com 05 August 2024 13:39, UTC
The XRP price fell 15.4% on Monday, along with the rest of the crypto market. The leading digital assets, Bitcoin and Ethereum, are down 14-16% to currently trade at $51000 and $2243, respectively. This sell-off could be attributed to a broader market correction, as Japan’s index plunged 12% amid the Bank of Japan (BOJ) raising interest rates to contain inflation. As fear of recession escalates, here are key reasons why the XRP coin may plunge to $0.4.