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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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2️⃣ #Creator Campaign Phase 2# |ZKWASM Topic: Share original content about ZKWASM or its trading activity on X or Gate Square to win a share of 4,000 ZKWASM!
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Donald Trump's emphasis on the continuation of tariffs on imports from Canada and Mexico had increased selling pressure in the crypto market.
The XRP price reacted negatively to these developments and had experienced a loss of approximately 22% between 24-25 February. This loss was quite high for a coin with such a high market value. BTC had experienced approximately 8% loss, while ETH had experienced approximately 12% loss.
According to CoinGlass data, $57.6 million worth of XRP long positions were liquidated in the last 14 hours.
The XRP short position worth 4.71 million dollars was liquidated.
#XRP#