As has become customary in the world of cryptocurrencies, tokens, and digital assets, Friday evenings often yield some surprising momentum. Although the past few days have been somewhat bearish, no one really expected the XRP price to decline further. That is what has happened after all, as the asset is losing ground in both USD and BTC value despite some intriguing developments behind the scenes.
XRP Price Momentum Turns Quite Sour
Nothing has effectively warranted a negative – or positive – shift where XRP’s value is concerned. The recent announcement regarding JP Morgan building its own cryptocurrency has caused some minor shockwaves, but it has not affected most markets in any notable fashion. As such, the current XRP trend seemingly makes little sense, yet the losses are there for everyone to see.
Over the past few…