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XRP slides as risk-off sentiment grips crypto assets

XRP slides as risk-off sentiment grips crypto assets

Ripple (XRP) has come under pressure, drifting lower to $1.35 at the time of writing on Tuesday. The over 2% correction looks poised to erase the previous day’s gains, which lifted the remittance token to $1.42.

Global markets remain on edge amid uncertainty due to the war between the United States (US) and Iran, which has since Saturday spread across several Middle East countries.

Despite calls for de-escalation of the conflict by global leaders, US President Donald Trump has warned that the war could last several weeks, according to a report by the Associated Press.

Sentiment across the crypto market remains in extremely fear as investors navigate geopolitical uncertainty.

Retail demand wanes amid uncertainty and risk-off…

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