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Bitstamp has resumed XRP trading after temporarily suspending it yesterday following a dramatic fall in its price. The crypto exchange announced this in a tweet today, citing technical issues as the reason for the suspension. It also said that the temporary suspension was due to “market instability” and that “the orderbook was reset to ensure that the markets continue to function correctly.”
At the moment, the XRP market on Bitstamp has reopened for trading, and customers can now freely buy and sell XRP on the platform. The XRP price has also bounced back and is now trading at around $0.28. Bitstamp has also noted that no customer funds were put at risk during the suspension.