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Why Is XRP Price Down 8% Today?

source-logo  coingape.com 05 February 2025 08:05, UTC

XRP price is once again facing strong selling pressure, crashing more than 8% and moving back to $2.50. The Ripple token fall comes as the XRP Ledger halted blockchain production for nearly an hour on Tuesday. However, Ripple CTO David Schwartz has confirmed that the network has recovered and is almost back to normalcy.

coingape.com