Unexpected Inflation Result Suppresses XRP’s Price

XRP experienced a sharp decline on Thursday, dropping over 10% after the release of the July Producer Price Index (PPI) in the US. The cryptocurrency reversed from what seemed to be a bullish trend, lost its early daily gains, and dropped from $3.35 to retest the $3 support, according to data from TradingView. The US […] The post Unexpected Inflation Result Suppresses XRP’s Price appeared first on Coin Edition.