XRP Liquidation Crisis: Short Squeeze Sparks Dramatic Price Spike After CPI Shock
January 15, 2025 – Global cryptocurrency markets experienced a seismic shift today as XRP, Ripple’s digital asset, recorded a dramatic price surge following the release of United States Consumer Price Index (CPI) data. The unexpected inflation figures triggered a cascade of liquidations in crypto derivatives markets, with XRP experiencing an unprecedented +1,122% imbalance between long […]
