#XRP Price Manipulation... Here's what you need to know.

Financial institutions are grabbing a piece of the growing $2 trillion cryptocurrency market . Since 13 of the largest banks in the world invested approximately $3 billion in cryptocurrency and blockchain companies, according to the analysis company Blockdata.

In a report updated this week, the company published a list of 13 banks leading this market. It used the size of funding rounds as an indicator of investment in the cryptocurrency space.

It mentions that this indicator was used since the banks participated in financing rounds with many other investors.

Standard Chartered, based in London, leads the list with $380 million in valuation of the financing rounds in which it participated; while Barclays ranked as the most active investor based on the number of investments in blockchain companies.

Blockdata found that 55% of the world's 100 largest banks by assets under management are investing in companies and projects related to digital currencies and blockchain.

This is why the price of #xrp has been stagnant without being able to cross the $0.71 barrier, while banks are making provisions... Let us remember that there is very little time left for the implementation of #ISO20022 and that this will be the currency dominant for the new economic standard.