🇺🇸 Why XRP was hit the hardest after the CLARITY Act failed in the Senate
- XRP fell by about 8% in 24 hours and by more than 10% over the week after the U.S. Senate failed to advance the Digital Asset Market CLARITY Act.
- The sell-off is believed to be heavy forced selling rather than profit-taking, with a volume discrepancy indicator for cumulative volumes showing significant selling pressure.
- Despite the recent downtrend, XRP is still up nearly 29% over the past 30 days, although it remains down more than 56% year-over-year and about 65% from the all-time high.
Source: CryptoPotato
🌍 Updated by GemCrypto
$XRP
#XRP #Crypto
- XRP fell by about 8% in 24 hours and by more than 10% over the week after the U.S. Senate failed to advance the Digital Asset Market CLARITY Act.
- The sell-off is believed to be heavy forced selling rather than profit-taking, with a volume discrepancy indicator for cumulative volumes showing significant selling pressure.
- Despite the recent downtrend, XRP is still up nearly 29% over the past 30 days, although it remains down more than 56% year-over-year and about 65% from the all-time high.
Source: CryptoPotato
🌍 Updated by GemCrypto
$XRP
#XRP #Crypto
