200 Million XRP on the Move as New XRP Ledger Privacy Era Begins: Main Crypto News This Morning
Photo: U.Today
The cryptocurrency market continues its correction , fueled by fresh U.S. macroeconomic data. Initial jobless claims fell to 197,000. For the Federal Reserve, this is a sign of a stable labor market that reduces the likelihood of further interest rate cuts, prompting investors to reduce their exposure to risk assets. According to CoinGlass , the daily volume of forced liquidations of leveraged positions stands at $395.78 million, of which $344.49 million comes from long positions.
Also reported by Finbold.
Source: U.Today
