#XRP

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.