Ripple Drops As Nervous Investors Flee Cryptocurrencies - News Summed Up

Ripple Drops As Nervous Investors Flee Cryptocurrencies


Ripple's XRP token declined today, outpacing the losses suffered by many other digital currencies. At the time of report, the digital token had bounced back somewhat, trading at $1.212, but had still fallen more than any other top 10 cryptocurrencies listed on CoinMarketCap. Wary Investor SentimentSeveral analysts pointed to nervous investors when explaining why cryptocurrencies were pushing lower today. Charles Hayter, co-founder and CEO of data provider CryptoCompare, emphasized that the markets are "still shaky" because investors are "skittish." Ripple's DeclineRipple's XRP token has fallen more than the broader cryptocurrency markets because there is significant uncertainty surrounding the digital asset, said analysts.


Source: Forbes January 22, 2018 18:56 UTC



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