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Ripple Loses 8%, Crypto Market Turns Red

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Wed, 3/10/2018 - 9:01
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Ripple Loses 8%, Crypto Market Turns Red
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Ripple (XRP) lost more than 8% in price following the release of a partnership with Banco Santander.

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At the same time, the crypto market turned red and lost nearly $9 bln in the past 24 hours with Bitcoin price dropping below $6,500. The downward trend of most major cryptocurrencies, such as Ether (ETH), Bitcoin Cash (BCH) and Stellar (XLM), could be due to the low trading volumes.

As it stands, the crypto market should demonstrate higher volumes for cryptocurrencies to increase in price.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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