XRP Sinks 7% Today, Despite Major Catalyst

Popular mega-cap cryptocurrency XRP (CRYPTO: XRP) has been making some serious headlines of late. However, the world's sixth-largest token by market cap has continued to decline from its March peak today, dropping 7.4% over the past 24 hours as of 12:30 p.m. ET. 

Notably, this drop is somewhat in line with the price action seen in the broader crypto market, which has dropped 5.7% over this same time frame. However, it's worth noting that XRP actually has a rather strong catalyst many investors may want to consider.

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Source Fool.com