Ripple Investors Beware: Key Warning as XRP Rebounds From 8% Drop

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TL;DR CryptoQuant warned that leverage positions are a big driver behind XRP’s price movements, which has increased the asset’s open interest. This comes amid significant volatility that hit Ripple earlier today after President Trump signed an executive order focusing only on Bitcoin. XRPUSD. Source: TradingView Recall the massive wave to the upside that XRP experienced on Sunday when US President Donald Trump namedropped the asset, alongside a few others, to be potentially included in the count...