XRP Price Volatility Continues Amid Iran Conflict Uncertainty

The cryptocurrency market has been affected by the recent US strikes on Iran, leading to a sharp decline in XRP price before recovering some ground over the weekend.

With investors trying to gauge the fallout from the conflict, concerns about heightened geopolitical risk continue to impact the market. According to strategists, the strike raises geopolitical risk premia as markets head into Monday's open, with uncertainty making leverage skittish in risk assets.