XRP, the Ripple-associated cryptocurrency, fell 4.9% in 24 hours and 12.4% over the past week, according to CoinGecko. Its price was around $1.10 at the time of writing, while Bitcoin declined by 1.4% over 24 hours and 4.9% over seven days. XRP therefore lost nearly 8% of its value against Bitcoin in one week, a steeper decline than Ethereum’s 7.4% fall and Solana’s 8.6% loss. The broader crypto sell-off was intensified by Nvidia’s board opening an independent investigation into its chief executive, Jensen Huang, amid allegations involving a businesswoman and alleged foreign espionage connections. Bitcoin briefly dropped to around $73,761 before partially recovering, while members of the XRP community downplayed the drop by pointing to other major crypto losses and the Nvidia scandal.
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