Ripple XRP Crashes 17%: Should You Buy The Dip?
The cryptocurrency market has faced a significant price correction today, Tuesday, Feb. 25. Bitcoin (BTC) has dipped to the $87,000 price point. BTC last traded at this level in November 2024. The global crypto market cap has fallen 10.1% in the last 24 hours to $2.98 trillion. Ripple’s XRP token follows the market correction as well. XRP’s price has dipped 12.3% in the daily charts, 17.2% in the weekly charts, 13.7% in the 14-day charts, and 31.1% over the previous month. Despite the massive correction, XRP has rallied 292.9% since February 2024. Also Read: DeepSeek’s Stock Propelled To 5-Year High as Investors Exit Indian Market Source: CoinGecko Cryptocurrency Market Faces Major Hurdles Image Source: Watcher Guru The crypto market has faced substantial barriers over the last few days. The Bybit exchange hack last Friday was the most significant attack on the industry. The exchange lost about $1.4 billion worth of crypto assets. Ripple’s XRP token and other assets to...