1 Key Reason Why XRP Lags Behind Ethereum and Other Top Cryptocurrencies
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After an impressive rally in July, when it hit a new 52-week high, XRP (CRYPTO: XRP) is once again struggling to regain momentum. Over the past 30 days, XRP is down a stunning 20%. By way of comparison, Ethereum (CRYPTO: ETH) is up 10% over that same time period.Admittedly, August is often a rough month for cryptocurrencies, so maybe XRP's recent underperformance is nothing to be worried about. But what if it's the early warning signal of things to come? Let's take a closer look at what's behind XRP's recent weakness.One key concern is the unexpected return of regulatory uncertainty. Earlier in the month, all of the regulatory issues swirling around XRP were supposed to be over. Ripple, the company that launched the XRP token, had just settled with the SEC on a long-standing securities case that dates all the way back to December 2020.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool