<ul><li>XRP price faces a crucial shift as on-chain data hints at rebound prospects, with the native digital asset associated with Ripple Labs dropping over 4% to $2.33.</li><li>Some market players suggest that Ripple is manipulating XRP's price, while XRP advocate Bill Morgan dismisses this theory as 'idiotic'.</li><li>Other factors contributing to the XRP price decline include potential US recession, US-imposed tariffs, macro-instability, and the cost-of-living crisis.</li><li>XRP is currently trading at $2.33, with a trading volume surge of 13.5% to $3.26 billion.</li></ul>

Bill Morgan Slams ‘Idiotic Theory’ of Ripple Dumping XRP

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