Ripple News Update
According to a Bloomberg report, South Korea may close some of its cryptocurrency exchanges next year.
Closing those exchanges may harm Bitcoin (BTC) prices, given that South Korea is a major hub for crypto traders. I’m more worried about its effect on Ripple (XRP) prices.
Why? Because XRP trading volumes have historically depended on support from Korean traders. And if those Korean traders are told, “You will not be able to trade XRP for Korean Won after XYZ date,” we will likely see a massive.
The post Ripple Price Prediction: Korean Exchange Closures Might Hurt XRP Price appeared first on Profit Confidential.
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Ripple Price Prediction: Korean Exchange Closures Might Hurt XRP Price
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