XRP is down today, wiping out most of the gains made in December against Bitcoin, despite BTC price hitting $100,000.
XRP (XRP) is down 13% in the last 24 hours to trade at $2.30 on Dec. 5., going in the opposite direction with Bitcoin (BTC), which has finally smashed through the $100,000 level.
The decline is part of a correction that started on Dec. 3 that has seen XRP price lose 25% of its value since reaching a multi-year high of $2.90.
XRP/USD daily chart. Source: Cointelegraph/TradingView