08-01-2020 00:00 via newsbtc.com

XRP Erases Recent Gains as Analysts Fear Another Ripple Token Dump

XRP – the token associated with fintech company Ripple – incurred some massive momentum yesterday that allowed the cryptocurrency to climb 13% at one point, thus putting significant distance between its recent lows of $0.18. This rally, however, has proven to be fleeting, as the token has now erased nearly all of its gains.
Some analysts are noting that, in addition to there being a technical factor behind this retrace, it could also stem from investors being concerned that Ripple co
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