Wednesday

Coin

<ul class="news-points"> 
 <li>XRP slid by 3.26% on Wednesday to close the day at $0.52723 amid a strengthening U.S. economy.</li> 
 <li>U.S. durable goods orders increased by 2.6% in March, having advanced by 0.7% last February.</li> 
 <li>Uncertainty over the potential outcome of the Ripple vs SEC case contributed to XRP’s decline.</li> 
</ul> 
XRP slid by 3.26% on Wednesday to close the day at $0.52723 amid a strengthening U.S. economy and growing uncertainty in Ripple’s ongoing litigation. Wednesday’s slump marked an extension in the XRP price drop after the altcoin dipped by 2.21% last Tuesday.&nbsp; 
According to a U.S. economic report released on Tuesday, <a href="https://www.forexfactory.com/news/1280211-us-market-advanced-durable-goods-orders-26-versus" target="_blank" rel="nofollow">U.S. durable goods orders</a> increased by 2.6% in March, having advanced by 0.7% last February. The report further showed that core durable goods rose by 0.2%, marking an improvement from February’s figure of 0.1%. The improved data signaled a robust U.S. economy, impacting inventors’ outlook regarding a September Fed rate cut. 
Apart from XRP, several other cryptocurrencies declined on Wednesday, leading to a 2.97% drop in the overall value of the crypto market. Hence, the crypto market lost over $2.3 billion on Wednesday following the selloff. 
Besides the Fe…
The post <a href="https://coinedition.com/xrp-dips-amid-strengthening-u-s-economy-and-litigation-uncertainties/">XRP Dips Amid Strengthening U.S. Economy and Litigation Uncertainties</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

XRP Dips Amid Strengthening U.S. Economy and Litigation Uncertainties

Coin Edition

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