XRP Slides Below $1.60 Amid Broader Crypto Market Pullback

The crypto market opened the day on a weak note, sliding by over 4.3%, dragging the total market capitalization down to around $2.55 trillion.  Amid this downturn, XRP, the top fifth-largest market-valued crypto also facing notable losses, which is currently trading near $1.58, marking a decline of more than 4%