Key Points:
XRP drops below $0.52 amid broad crypto market sell-off, driven by US election uncertainty and rising Treasury yields.
Elon Musk’s comments on XRP Ledger spark debate, fueling interest as Ripple battles the SEC in appellate courts.
Investors brace for XRP volatility with SEC’s opening brief and US election set to impact crypto markets.
TSLA
-2.02%
XRP
+0.13%
XRP Drops Below $0.52 Amid Broader Crypto Sell-Off
On Wednesday, October 23, XRP declined by 1.39%, following a 2.24% loss from the previous session to close at $0.5255.
XRP tracked the broader crypto market, which fell 1.45% on Wednesday to a total market cap of $2.242 trillion.