Ripple: How To Be A Millionaire When XRP Hits $7.5
Ripple’s XRP token had a few bullish weeks earlier this year. The asset breached the $3 mark for the first time in seven years. Despite the rally, XRP has faced a correction in the last week. The daily charts show that the asset is down 0.8% and 2.26% over the previous week. XRP has maintained some gains in the other time frames. The popular cryptocurrency is up 8.2% in the 14-day charts, 49.2% in the monthly charts, and 490% since January 2025. Source: CoinGecko Also Read: How High Will Solana (SOL) Rise In February 2025? Why Is XRP Down Right Now? Source: AscendEX Ripple’s XRP token’s current predicament is likely due to larger macroeconomic factors. The US dollar has gained significant strength over the last few days. Investors are flocking to safer assets instead of cryptocurrencies. The Federal Reserve has taken a hawkish stance with its monetary policy to combat rising inflation. The Fed announced only two interest rate cuts in 2025 instead of three. XRP and othe...