XRP Price Drop Viewed as Healthy Correction: Crypto News Digest, July 20-26

The cryptocurrency market experienced significant volatility over the past week, with XRP’s price seeing a notable decline. However, analysts suggest this dip was a necessary market correction, paving the way for future sustainable growth. Furthermore, there’s growing discussion regarding a potential “supply shock” for Ethereum, which could lead to a substantial increase in its value. This weekly roundup provides an overview of the most important developments and news in the crypto sphere, focusing on their potential impact on investors and traders. We also cover the performance of other digital currencies and analyze the factors influencing the market as a whole, including regulatory developments and emerging technological trends.