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Why XRP Is Plummeting Today

TheMotleyFool

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Why XRP Is Plummeting Today: https://g.foolcdn.com/editorial/images/853619/gettyimages-1449174792-1-copy.jpg

XRP (CRYPTO: XRP) is getting hit with another powerful round of sell-offs in Thursday's trading. The cryptocurrency's token price had fallen roughly 24% over the past 24 hours of trading as of 3:45 p.m. ET. Over the same stretch, Bitcoin and Ethereum had fallen 13.5% and 14.2%, respectively.

Sell-offs across the cryptocurrency market are continuing today as investors react to shifting macroeconomic outlooks and weigh fundamental valuation concerns. As of this writing, XRP is now more than 50% over the last year.

Source Fool.com

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