A crash of the cryptocurrency market took place over the past several days, and Ripple was one coin hit hardest. Ripple’s coin XRP took a major hit, falling from $3.29 to $1.10, from about 16,000 Sat Bitcoin to 9902. It’s not a pretty situation – but not all is lost. Something more major would have to happen for a total loss to occur.
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When it comes to a major name in the Blockchain universe, it takes more than a market crash to destroy its future. This sort of crash occurred in crypto markets every year at this time of the year for the past several years. This market crash probably didn’t come as a major surprise to those that watch the market cycles yearly – not that there are many people like that in the market today.