Why is XRP Price Down Today: Ripple’s $300M RLUSD Market Rattled as JP Morgan Partners 3 US Banks for “Wall Street Stablecoin”

Ripple‘s Dismal Dance: A Tragicomedy in Crypto 🎭

Oh, darling, gather ’round! It seems our dear Ripple (XRP) has taken a rather unfortunate tumble, plummeting a staggering 5.2% in the past 24 hours to a rather dismal $2.31. One must wonder, is it a case of the vapors or merely a lack of good company? Meanwhile, the top five rivals are frolicking in the fields of prosperity, leaving XRP to wallow in its own self-pity. 💔

Now, let’s not forget our dashing hero, Bitcoin (BTC), who has gallantly soared to a new all-time high of $111,807. One can only imagine the champagne corks popping in celebration! 🍾 But alas, XRP seems to have missed the memo, as short-term traders are hastily closing their positions, perhaps in a fit of existential dread.

What’s next for our beleaguered XRP? It appears to be caught in a rather sticky web of macro turbulence and fresh sector-specific risks. While the ever-controversial Donald Trump is busy threatening a 50% tariff on the EU—oh, the drama!—Bitcoin is basking in the glow of institutional demand. Meanwhile, XRP is left to ponder its life choices.

According to the ever-reliable CoinGecko, XRP has declined from Friday’s $2.44 to a woeful $2.31. In stark contrast, Bitcoin has surged, buoyed by a staggering $934 million in daily ETF inflows—the second highest since the dawn of time, or at least since the inception of ETFs.

So, dear readers, as we sip our martinis and watch this tragicomedy unfold, let us raise a glass to XRP—may it find its footing before it becomes the punchline of the crypto world! 🥂

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2025-05-24 10:16