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Why XRP Is Sinking Today

TheMotleyFool

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XRP (CRYPTO: XRP) is getting hit with another round of sell-offs Tuesday. As of 12:30 p.m. ET, the cryptocurrency's token price share price had fallen 3% over the previous 24 hours of trading. Over the same stretch, Bitcoin was down 1.5%, and Ethereum was down 0.5%.

The cryptocurrency market is seeing a wave of bearish trading as investors react to rising geopolitical risk factors. Relations between the U.S. and China are taking another turn for the worse, and investors are responding by moving out of risk-heavy investments.

Image source: Getty Images.

Source Fool.com

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