Market Watch: Ripple (XRP) Plummets 12% Weekly While Crypto Market Stagnates

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Ripple was among the best performers lately but has slipped by 13% on a 7-day scale.

The start of the week begins with little-to-no substantial movements from most cryptocurrencies, as bitcoin has stalled around $19,000.

The altcoins are slightly in the green, except for XRP. Aside from the daily price dip, the asset is down double-digits on a weekly scale.BTC experienced a lot of volatility at the end of last week, when the US CPI numbers came out. Although they were almost as expected, bitcoin headed straight south, as it typically happens when something is announced by the US lately, and dropped to a three-week low of $18,200.

However, the price fluctuations continued this time in the opposite direction. In a matter of hours, the cryptocurrency shot up to almost $20,000, marking a weekly high.to $19,000 on Friday. This came along with the Friday Wall Street bloodbath.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

 

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