According to CryptoPotato, the cryptocurrency market experienced a dip in the past 24 hours, with Ripple's XRP failing to recover alongside other altcoins. XRP's price fell from above $0.49 to around $0.47 during yesterday's trading session, following Bitcoin's price decline, which dipped below $25K before recovering to nearly $26K. While Bitcoin managed to erase most of its losses, XRP did not.

The increase in volatility has been reflected in XRP's overall trading volume over the past 24 hours. Data from CoinMarketCap shows that it now sits at around $1.3 billion, representing an increase of over 140% in the past day. It is worth noting that Ripple recently acquired Fortress Trust, a financial institution primarily focused on cryptocurrencies. Ripple made four of Fortress Trust's customers whole for losses they suffered in a security breach, without disclosing any specific details of the deal. The total sum of the acquisition remains unknown, and Ripple plans to continue investing in the parent company of Fortress Trust once the acquisition is completed.