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XRP bounces, but $2 remains the hurdle as exchange supply hits 8-year low

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TL;DR:

Exchange balances have decreased by about 57% since October, suggesting tokens are moving into longer-term storage.

Key Points:

  • XRP bounces, but $2 remains the hurdle as exchange supply hits 8-year low - Yahoo Finance
  • Story reported by 3 sources including XRP bounces, but $2 remains the hurdle as exchange supply hits 8-year low
  • Involves XRP cryptocurrency
  • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development could influence XRP price action and market sentiment in the near term.