Ripple (XRP) shared several key updates in its Q2 2024 report.
Ethereum buyers looking to stage recovery after suffering major hit from ETH's sharp decline Ethereum is down 11% on Monday after taking heavy losses from the general crypto market crash. While the decline heavily hit long traders, they look set to stage a comeback following increasing exchange outflows. XRP suffers 7% drop on Monday, hovers around $0.50 support Ripple shared several key updates in its Q2 2024 report.
The bullish updates in the report have failed to catalyze gains in XRP since the altcoin was hit by a market-wide crypto correction that pushed it under psychological support at $0.50. XRP hovers around $0.50 at the time of writing, down nearly 7% on Monday.
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