XRP
Why XRP is down 2.1% today
Analysis
XRP slipped 2.1% over the past 24 hours as traders digested mixed, largely non-price-supportive headlines rather than a clear bullish catalyst. U.Today reported SBI VC Trade expanded its crypto lending program to include XRP among other assets, which can increase available supply via lending and may have weighed modestly on near-term sentiment.
Contributing Factors (2)
SBI VC Trade Giant Starts Lending XRP, SHIB, BTC: Here's Full List of Coins
SBI VC Trade expands the list of crypto that users can stake on it.
Ripple (XRP) News Today: January 27th
New partnerships, major announcements, and more: check out the recent and important developments related to Ripple.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.