Ripple (XRP) bulls are struggling to regain momentum after media reports on June 30 claimed Citigroup might be reconsidering its partnership with Metaco — a company Ripple Labs recently acquired for $250 million.
Bulls lose momentum
Ripple’s native token XRP had been on a steady pump for almost two months. It hit a high of $0.54 because of multiple positive developments and industry expectations that its case with the SEC would end favorably.
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