- The crypto market drew fewer cues from broader macro assets.
- Significant market developments that weighed on asset prices and liquidity.
- Multiple instances of protocol hacks, rug pulls, and scams setback the crypto industry in Q3.
The crypto market drew fewer cues from broader macro assets, instead placing greater emphasis on industry-specific news and capital flows in the third quarter of 2023, according to Ripple’s latest report. The blockchain company noted that the publication aims to provide transparency and regular updates on the company’s views on key industry developments and crypto market movements, focusing on relevant XRPL and XRP-related news.
We publish the XRP Markets Report to provide transparency and regular updates on the company's views on key industry developments & crypto markets movements, focusing on relevant #XRPL & XRP-related news.The Q3 2023 XRP Markets Report is now available: https://t.co/iepZCfwwOJ
— Ripple (@Ripple) October 31, 2023
Ripple noted in the report that there were significant market developments that weighed on asset prices and liquidity. The blockchain company identified multiple instances of protocol hacks, rug p…
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