Why has the price of XRP dropped today?
The price of XRP has dropped today due to political turmoil in South Korea, profit-taking, and overheating conditions that could lead to a deeper correction in the short term.
XRP fell due to political instability in South Korea
The price of XRP has risen more than 400% so far this month, but this rally temporarily halted after a political crisis in South Korea. The price of the remittance token fell 8% on December 3rd after news that South Korean President Yoon declared martial law.
