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Crypto & Bitcoin

Why Is the Crypto Market Again Crashing Today? (XRP Is Getting Smashed!)

Reported by Petar Jovanović, CaptainAltcoin

Image: CaptainAltcoin

Crypto is again in “red” today, and this time XRP is taking one of the hardest hits among the largest assets. Bitcoin has fallen toward $75,300, Ethereum is near $2,220, and XRP has dropped to roughly $1.18, down more than 7% over the past 24 hours. The latest decline is not being driven by one crypto-specific disaster. It is coming from a nasty combination of collapsing risk appetite, heavy ETF outflows, forced liquidations and another surprisingly strong U.S. jobs report. The AI Stock Selloff Is Still Spilling Into Crypto The first wave of selling started on Wall Street.

This is an excerpt. The reporting belongs to CaptainAltcoin.

Read the full report on captainaltcoin.com
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