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Why XRP Is Sinking Today

TheMotleyFool

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XRP (CRYPTO: XRP) is getting hit with selling pressures in Tuesday's trading. The cryptocurrency's share price was down 5% over the previous 24 hours of trading as of 6:20 p.m. ET. Over the same period, Bitcoin was down 4.7%, and Ethereum was down 7.6%.

Bearish momentum is sweeping the crypto market today as investors react to geopolitical risk factors. The U.S.'s attempts to acquire Greenland have disrupted previous assumptions about trade outlooks, and XRP's token price is falling in response.

Image source: Getty Images.

Source Fool.com

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