XRP Price Turns Red Again

parag jadhav

Amid the legal woes of Ripple, the price of XRP has again slided.

At press time, Ripple quoted a price of $0.52, a decline of 1% over the last 24 hours.

More concerning factor was the decline in its trading volume which was 35% below the previous day.

The decline is seen as a response to the $50 million XRP sales by Ripple Labs.

Investors are also wary of the upcoming court rulings in the case.