XRP - Continue EWA/EWP

XRP price suffered a harsh reversal on Dec. 9, mirroring the performance of Bitcoin and other altcoins.

Ripple XRP
xrp
-6.05%
XRP dropped to a low of $2.40, down by 16.2% from its highest level this year, bringing its market cap to $138 billion.

Its retreat followed Brad Garlinghouse, Ripple Labs’ CEO, appearing on 60 Minutes, the popular program on CBS. In an X post after the interview, he noted that it was edited to exclude some of the details.

Specifically, Garlinghouse highlighted that 60 Minutes did not mention XRP’s status as not being a security, a position confirmed by a federal judge in 2023.

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