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XRP Plunges 5% After 64-Minute Network Outage

2/9/2025

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Summary

Story summary

XRP experienced a significant 64-minute network outage, leading to a 5% plunge in price and halting over 80,000 transactions. With its value hovering around $2.50 and trading volume cut in half, investors remain hopeful for SEC case resolutions and ETF approvals. However, ongoing outages and market volatility present hurdles to recovery.

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Story summary

XRP experienced a significant 64-minute network outage, leading to a 5% plunge in price and halting over 80,000 transactions. With its value hovering around $2.50 and trading volume cut in half, investors remain hopeful for SEC case resolutions and ETF approvals. However, ongoing outages and market volatility present hurdles to recovery.