XRP will be a tank in March, says the two seats. Here is what pays the price – DL news

Bettling that XRP will lose 8 % of its value that was installed during the weekend, such as the Donald Trump’s Crypto summit Failure Pessimism around the American economy.

The risk of declining the distinctive symbol associated with ripples to $ 2 before the end of March from 62 % to 81 % during the weekend in Polymarket. The prediction market allows users to bet on where they believe that the price will fall this month.

The second largest bet, that it will reach $ 1.90, rose to 68 % during the same period.

The possibilities in which it will be increased at an increase has decreased at $ 3.50 from 51 % to 7 % since the beginning of March.

XRP has decreased by 16 % over the past seven days trading at $ 2.16.

The decrease on the back of the encryption at the White House came on Friday. This event witnessed that the influential leaders in the industry – such as the head of the strategy, Michael Celor, CEO of Coinbase Brian Armstrong, and CEO of Ripple Brad Garlinghouse – join the president to discuss the future of industry in the United States.

“I don’t believe, thank you [Trump] To open and welcome us to the White House – the amazing contrast with hostility to the Biden Administration, “Garlinghouse to publish After the event.

Not everyone liked. Some were hoping that Trump would take advantage of the opportunity to determine Thursday’s details Executive orderThat hinted at government purchasing plans including Bitcoin, Ethereum, Solana, Cardano and XRP for digital asset stocks.

Meanwhile, Trump said on Sunday Fox News That the economy faces “A transitional period,” He did not rule out the recession.

Futures in the United States fell early in the morning from trading in the United States after the S& P 500 normative index recorded its worst week since September.

Xrp etf hopes

Decreased prices from XRP months of growth are fed up by a group of upscale signals, which have The expectations were raised It will outperform the competing digital currencies like Bitcoin.

This partial victory includes in its long -term case against the US Securities and Stock Exchange Committee, and expected that Trump will return to relax the coding rules that would pave the way for the money circulating in the XRP exchange.

JPMorgan projects that you will see ETFS XRP flows from 8 billion dollars During their first year of trading.

yet, Trump’s trading policies It caused a lot of uncertainty in the market, causing decreased encryption prices alongside the wider markets.

Ripple is the XRP developer and uses it to facilitate the cross -border payments.

Motors for the encryption market

• Bitcoin has decreased by 1.5 % over the past 24 hours of trading at $ 83,297.
• ETHEREUM decreased by 0.7 % for trading at $ 2,125.

What we read

Eric Johansson is DL News. Do you have advice? Email in Eric@dlNews.com.