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XRP News: Brazil Deal Meets ‘Lunacy’ Price Drop As $1,000 Predictions Lose Their Pull

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By on October 1, 2026 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post XRP News: Brazil Deal Meets ‘Lunacy’ Price Drop As $1,000 Predictions Lose Their Pull appeared first on Coinpedia Fintech News

Flare co-founder Hugo Philion says the market’s reaction to XRP’s latest news makes no sense. XRP fell on the day CSD BR, one of Brazil’s core securities depositories, said it would bring assets onto the XRP Ledger. “It doesn’t make sense” Philion said that XRP is not “his” coin. Even so, he called it “lunacy” …

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