XRP Recovers First of All Cryptos
While the entire market seems to be in confusion regarding the next moves, one crypto seems to stand out from the crowd.
The fact that even when it fell below $2 (around $1.89) it was able to rise back to $2.15, recording gains of over 8% in a day.
The main reason behind the rise of XRP was Donald Trump's announcement that he will not proceed with further tariffs on products originating from Canada, relaxing initial forecasts.
Such moves show us that the diversification of cryptos among themselves can give positive results for portfolios based on ETFs.
Depending on the exposure of institutions to crypto ETFs, we will also see the movements of the rest of the investors, either on exchanges or in OTC transactions….
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