Morning Crypto Report: $40 Billion Ripple Announces Mastercard Partnership, XRP Risks Losing $2 Amid Abnormal DeFi Activity, Bitcoin Named Safe Haven by Billionaire Ray Dalio

The crypto market faces a mixed Thursday: Ripple lands a major Mastercard deal and $40 billion valuation, XRP flashes red as on-chain traders dump and Ray Dalio says capital is fleeing to Bitcoin and gold as QE is about to return.