WHY $XRP IS FALLING TODAY ???
#xrp is down 6.8% today, reflecting broader market fears as inflation data beats expectations. The core PCE price index increased 0.4% in February, pushing the 12-month inflation rate to 2.8%, higher than the expected 2.7%. With inflation running hotter, the Federal Reserve may keep interest rates higher for longer, dampening investor appetite for risk assets like #Xrp🔥🔥 .
While XRP stands out from #memecoin🚀🚀🚀 with its real-world utility in cross-border payments, some analysts argue its $125B market cap is overvalued. The crypto market remains volatile, and today's price drop signals investor caution amid economic uncertainty.
Would you buy the #Dip or wait for more stability?