Ripple’s native token XRP is down 2% in the last 24 hours and now trades at $1.11, giving back some of its recent gains after reaching a weekly high of $1.16 earlier in the week. The token had benefited from optimism surrounding progress on the US Clarity Act and easing inflation data in the United States. However, broader market sentiment has weakened as geopolitical tensions continue to pressure risk assets, limiting XRP’s upside. Crypto market fear weighs on investor sentiment The cryptocurrency market remains under pressure as uncertainty surrounding the ongoing conflict between the United States and Iran dampens investor appetite for risk.
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