#XRP continued its downward trend from Sunday, trading at $2.14, down almost 10%. President Trump’s Strategic Bitcoin Reserve Executive Order has caused investor dissatisfaction, as evidenced by #XRP’s second consecutive session of underperforming the overall market. The Ripple-based token has lost more than a quarter of its value in the last 7 days.
President Trump’s choice to create a Strategic Bitcoin Reserve instead of a multi-crypto reserve dampened expectations that the SEC would soon drop its appeal in the Ripple case.
The SEC contested the Programmatic Sales of XRP decision in its op
President Trump’s choice to create a Strategic Bitcoin Reserve instead of a multi-crypto reserve dampened expectations that the SEC would soon drop its appeal in the Ripple case.
The SEC contested the Programmatic Sales of XRP decision in its op