🚨 XRP EMERGENCY: $850M LIQUIDATED! TRUMP'S BOMBSHELL & JPMO
CryptoPotato
Updated at: 2 days ago
{"content":"🚨 XRP EMERGENCY: $850M LIQUIDATED! TRUMP'S BOMBSHELL & JPMORGAN'S STANCE UNVEILED
$XRP
The XRP market has experienced significant turbulence, with reports indicating that approximately $850 million has been liquidated. This upheaval coincides with former President Donald Trump's announcement of a U.S. strategic crypto reserve, which includes XRP among other cryptocurrencies. However, this move has sparked controversy, as it was revealed that Trump was reportedly influenced by a lobbyist associated with Ripple Labs to promote XRP in his policy initiatives. Payments Dive+3MarketWatch+3Cointelegraph+3Cointelegraph
Adding to the complexity, JPMorgan analysts have expressed skepticism regarding the inclusion of XRP in the proposed U.S. strategic crypto reserve. They suggest that only major cryptocurrencies like Bitcoin and Ethereum are likely to be considered, citing concerns over the volatility and risk associated with assets like XRP. Crypto News
Currently, XRP is trading at $2.14, reflecting a slight decrease of 2.28%. The market's reaction underscores the uncertainty surrounding XRP's future, especially in light of recent political developments and institutional perspectives.","images":[],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}