Here’s What Caused Recent XRP’s Massive Price Crash

Binance just suffered a major security breach that moved an estimated $6.3 billion in assets according to Reuters. This amount makes it the biggest crypto heist in history. The news triggered immediate selling across crypto markets. Traders reduced exposure as details of the unauthorized transfers spread. XRP now sits at $1.25. The token fell 3.2% from the prior close and touched a session low of $1.20 before a partial recovery.