Although it seemed as if Bitcoin was making some sort of recovery today, that positive momentum has evaporated once again. This also affects all other top markets. One of the first victims comes in the form of the XRP price, which has dropped below $0.29 in the past few hours. Once again, investors will not be too pleased with the way things are going as of right now.
The year 2019 is not going down in the history books as a profitable one for cryptocurrency traders. It is equally as bearish as 2018 was, even though the overall value declines are still relatively small. The main question is whether or not the total market cap can remain above $100bn this year. So far, that scenario looks less and less plausible by the minute. It also seems the XRP price will not go through a positive spell any time soon.