XRP Tanks 4% as Macro Fears Spark Crypto Bloodbath
Another day, another ’flight to safety’—if you can call traditional markets safe these days. XRP led the altcoin retreat as global risk assets got hammered.
The Ripple-affiliated token bled alongside majors after dismal manufacturing data from China and hawkish Fed minutes lit the fuse. Never mind that blockchain transactions hit record highs—when Wall Street sneezes, crypto still gets pneumonia.
Funny how decentralized finance suddenly remembers it’s tied to the same broken system it’s supposed to replace. Maybe next cycle, right?