Ripple crashes: XRP hits a new low of $0.38 amid a market-wide correction.
According to a report by Blockchain Hero, the fall of Bitcoin's price below support at $55,000 has triggered a market-wide correction that has also hit Ripple (XRP) hard. The altcoin fell to a new low of $0.38 early Friday, wiping out all the gains of the last fifteen months. Despite some positive developments in the legal dispute between Ripple and the SEC, confidence in the coin remains low. Investors are still feeling uneasy about the current price level and are wondering whether the price is going to keep dropping or whether it'll start to stabilise soon. What do you think the XRP price will be in the next few months? Will XRP reach $1 in July, despite Ripple's SEC battle?