Ripple CEO Brad Garlinghouse Cites Warren Buffett as XRP Sinks Toward USDC by Market Cap

On Thursday, Ripple CEO Brad Garlinghouse responded to a sharp single-day XRP decline by sharing a Warren Buffett quote urging investors to be "greedy when others are fearful." XRP is now trading about 70% below its all-time high of $3.65 and is close to slipping behind Circle's USDC by market capitalization. The Crypto Fear and Greed Index dropped to 9 on Friday, a level seen only during the March 2020 crash and the 2018 and 2022 bear market lows.