XRP is down 10%, and Bitcoin is heading toward 76,000. According to a CoinDesk report, three media outlets are reporting the same event: a procedural vote in the U.S. Senate fell short—49 to 50—for the crypto market structure bill, missing by 11 votes.
With the bill stuck, mainstream coins are falling along with it.
Beginners may easily interpret this kind of drop as something happening to a particular coin. This time, it’s not that—it's a vote in Washington that didn’t pass, and the entire sector got pressed down together.
In the news, the rise and fall are the outcome; the reasons are often outside the crypto world.
Not investment advice.
#XRP
With the bill stuck, mainstream coins are falling along with it.
Beginners may easily interpret this kind of drop as something happening to a particular coin. This time, it’s not that—it's a vote in Washington that didn’t pass, and the entire sector got pressed down together.
In the news, the rise and fall are the outcome; the reasons are often outside the crypto world.
Not investment advice.
#XRP