XRP, the seventh most valuable crypto asset by market value, is currently enjoying high pressure amid recent pullbacks seen in the price of the flagship crypto asset. At the time of writing, XRP was trading at $0.95929 up 38.22% for the day. It was the biggest one-day percentage gain since about 9 weeks ago.
The Central Bank of Nigeria (CBN) said there was no time the bank banned the activities of Cryptocurrencies in the country.
It’s no longer news that the world’s most valuable crypto in recent days has been enjoying a record-buying spree among institutional investors, leading it to break above $1 trillion once again.
Crypto traders have been experiencing high price swings since the U.S Treasury Secretary referred to crypto as of “particular concern. The current market condition at the crypto market has made traders and investors suffer heavy losses on the account that roughly $638.55 million worth of crypto positions disappeared into thin air within 24 hours.