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Analyzing the Fluctuation behind XRP Market Sentiment
The market sentiment for XRP seems to be somewhat subdued, with today's price falling nearly 1.68%, from $3.10 to $3.05.
The recent fall is mainly attributed to the White House's favorable report on cryptocurrencies, favoring LINK while remaining silent on XRP. This difference in policy expectations has left holders anxious. Worse still, several prominent figures on Twitter, such as BullNakedCrypto, have directly incited panic in the market with extreme language that garnered 15,987 views, leading to a spread of negative sentiment and intensified selling.
In the face of such emotional turmoil, I remain vigilant. History tells us that markets often overreact, but the sun rises as usual, and a rebound will always come.