Ripple-backed Evernorth faces $220M drawdown as XRP struggles
Key Takeaways
XRP, Ripple’s native crypto asset, has dropped around 16% over the past 30 days amid a market-wide correction that pushed Bitcoin below $88,000.
Prices have weakened even as US-listed XRP ETFs have posted consistent inflows since their debut, collectively taking in over $1 billion, per SoSoValue.
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