XRP falls 4% below $1.30 as bitcoin-led market weakness pulls down majors
Hex37's read
- XRP dropped 4% below $1.30, reaching 15-week lows.
- Market weakness led by Bitcoin impacted major cryptocurrencies.
- Selling pressure on XRP persisted despite exchange outflows.
What it means for traders
- Broader market downturn, driven by BTC, suggests potential for further downside in altcoins.
- XRP's inability to hold support despite outflows indicates strong bearish sentiment.
Affected markets
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