XRP fell 5.4% due to tariff news, down 8% for the year and 43% from high.
From Nasdaq MarketSite: 2025-04-08 17:08:00
XRP saw a 5.4% drop in price, while Bitcoin fell 2.6% and Ethereum dropped 6.1%. Cryptocurrencies and stocks reacted to tariff news, with XRP down 8% for the year and 43% from its high. Investors initially saw gains from U.S. and Japan trade talks, but bearish sentiment returned with confirmed tariffs on Chinese imports. XRP’s future valuation may be influenced by macroeconomic factors, with potential risks for speculative investments. A “Double Down” stock recommendation is being issued for three companies with historical returns. Analyst has no positions in mentioned stocks.
Read more at Nasdaq MarketSite: Why XRP Is Falling Today