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Cryptopotato

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Image Credit: Cryptopotato

Important Ripple (XRP) Price Update: Critical Metric Plunges as Crypto Market Slumps

  • The XRP price has tumbled by around 2% in the past hour, resulting in total losses of about 8% in the last day.
  • Funding rates on XRP derivatives positions are currently positive, indicating the prevailing sentiment in the market.
  • The broader crypto market is also declining, with Bitcoin's price down by around 1% on the day.
  • Altcoins like Dogecoin (DOGE) and Cardano (ADA) are experiencing considerably higher losses.

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