Why is ripple xrp going down?
Wall Street is bullish on Ripple. Both Moneygram and Western Union stock went up the moment they announced plans to partner with Ripple. Wall Steets reaction to both announcements is an indication they are bullish on Ripple. This sends a clear message to the rest of the banking and financial industry, partner with Ripple and watch your stock price increase as a direct result from it. A Win-Win situation for any company. Low cost, fast transactions - Increase in stock price. This is an extremely tempting proposition scenario, and why Ripple is now on so many companies radars.
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