Although XRP prices took a major hit when China banned cryptocurrency exchanges, there was little to fear at that time. Chinese trading meant nothing to Ripple. But a crackdown in South Korea would be bigger Ripple news and could affect our Ripple price prediction.

Collectively, the volume from Chinese exchanges was less than five percent. But Korean exchanges frequently account for more than 70% of Ripple’s trading volume, meaning that we need to watch that regulatory environment with an eagle eye.

So what’s going on in South Korea?

Put simply, the.

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Daily Ripple Price Forecast: XRP Price to Drop on South Korea Troubles