Home›Coin Gape›Why is XRP Price Down Today: Ripple's $300M RLUSD Market Rattled as JP Morgan Partners 3 US Banks for "Wall Street Stablecoin"

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

May 24, 2025

1 min read

Ripple (XRP) price plunged 5.2% in the past 24 hours to trade at $2.31 on Saturday, underperforming top five rivals. Derivatives data shows short-term traders rapidly closing out positions, even as Bitcoin (BTC) hit a new all-time high of $111,807. What’s next for XRP price? Ripple (XRP) Reverses to $2.31 Despite Bullish Bitcoin Outlook Ripple (XRP) fell behind the broader crypto rally on Friday, weighed down by macro turbulence and fresh sector-specific risks. While Donald Trump’s 50% tariff threats on the EU triggered fresh institutional demand for Bitcoin on Friday, XRP failed to catch the rally. Ripple XRP price action, May 24, 2025 | Coingecko According to CoinGecko data, XRP declined 5.1% from Friday’s $2.44 to open trading at $2.31 on Saturday. In contrast, Bitcoin surged to a record high of $111,807, fuelled by $934 million in daily ETF inflows—the second highest daily total since inception. With 5.2% losses XRP... Read More at Coingape.com

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