XRP’s trading conditions on Binance have deteriorated sharply, according to a new analysis by market expert Sam Daodu. Daodu points to a 30-day liquidity index that has fallen to roughly 0.043, the lowest level since January 2020. For context, between 2022 and 2024 the same index typically sat above 3—and at times above 4—signaling a […]
This article was originally published by Bitcoinist. Click through to read the complete story.
XRP’s trading conditions on Binance have deteriorated sharply, according to a new analysis by market expert Sam Daodu. Daodu points to a 30-day liquidity index that has fallen to roughly 0.043, the lowest level since January 2020. For context, between 2022 and 2024 the same index typically sat above 3—and at times above 4—signaling a […]
Category: markets
Related Crypto News
- Shocking Surge! 95 Billion SHIB Traded in 24 Hours as Shiba Inu Goes Bullish!
- $2B PEPE Frenzy Unleashed: Will Memecoin Mania Ignite an Altcoin Explosion?
- Can NEAR Protocol Hold Its Ground? Crucial $4.30 Support Tested After 10% Tumble!
- Worldcoin's Wild Ride: $4.7M Liquidation Sparks a 13% Price Plunge—What's on the Horizon?
- NEAR Protocol Takes a Double Hit: 9.5% OI Plunge and 8% Price Tumble—What’s Next?
- Ripple on the Edge: Is XRP's Plunge a Sign of Bigger Troubles Ahead?