XRP, Bitcoin Fall. Why the Crypto Rally Is Losing Steam.
XRP, the popular altcoin used to facilitate transactions on Ripple’s payment platform, fell 4.9% to $2.31—far off a high of $3.4 in mid-January. There are several reasons why crypto is losing steam. Volumes are low and market sentiment is taking a hit as Trump’s hasn’t yet lived up to promise to create a strategic reserve of Bitcoin.