$XRP
As of December 27, 2024, XRP is trading at $2.16, reflecting a 4.85% decrease from the previous close.
Despite this recent decline, XRP has experienced significant growth throughout 2024, with an approximate increase of 270% over the year.
Recent market volatility has impacted XRP's price, with a notable 15% drop from its five-year high.
Additionally, the U.S. Federal Reserve's cautious stance has influenced the broader cryptocurrency market, including XRP.
Analysts suggest that short positions on XRP may face liquidations by Friday, potentially affecting the cryptocurrency's price dynamics.