Here’s Why XRP Is Falling Today: Analyst Says Fake Dump. Don’t Fall for It

XRP trades at $1.20, down 8.05% in 24 hours and 17.55% over the past month. Despite the sharp decline, prominent crypto analyst Crypto Michael (@MichaelXBT) told his followers not to panic. “Fake dump. Don’t fall for it,” he wrote , quickly drawing the XRP army’s attention. Why is XRP Falling Today? The selloff has a clear trigger. Democrats won control of both the House and Senate in the midterm elections. Many in the crypto community were worried about this outcome, and the decline across the market reflects that displeasure.