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Benzinga
Benzinga
Business
Aniket Verma

XRP Struggles As Geopolitical Tensions Spur Risk-Off Sentiment: Ripple Continues To Mint RLUDS Stablecoin In Hordes

XRP Ripple Crypto Binance Cryptocurrency the Middle East
XRP

XRP (CRYPTO: XRP) plunged to a 10-week low Sunday as the cryptocurrency market broke into a sweat over rising tensions in the Middle East.

What happened: The payment-focused coin plunged to an intraday low of $1.91, a level last seen on April 9. Trading volume bumped 64% to $5 billion, indicating high selling pressure.

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