Stellar
Why Stellar is down 1.1% in the last hour
Analysis
Stellar (XLM) slipped 1.1% over the last hour as traders reacted to negative headline risk tied to a story linking XRP and XLM to the Epstein files discussion. U.Today reported comments from Ripple’s CTO Emeritus addressing the mention of XRP and XLM in that context, which likely weighed on near-term sentiment and prompted a modest pullback.
Contributing Factors (1)
Ripple CTO Emeritus Breaks Silence on XRP and XLM in Epstein Files
Ripple was mentioned in the newly released Epstein files. The former Ripple CTO has addressed claims linking Ripple, Stellar and XRP to Epstein.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.