Date: 2025-04-07
XRP (XRP) fell on April 7 as the wider crypto market sold off, and the US-led tariff war dragged on into a third day. Nearly $60 million worth of XRP futures positions were liquidated over the last 24 hours and analysts said that the lack of enthusiasm among derivatives traders was weighing down XRP price.XRP/USD daily chart. Source: Cointelegraph/TradingViewXRP drops in tandem with the broader crypto marketThis broader crypto market correction stemmed from the risk-off sentiment recently adopted by traders.US President Donald Trump recently announced trade tariffs on US trading partners as part of his administration’s economic strategy. Targeting nations like China and the EU with steep import taxes, these tariffs have ignited fears of a g...
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