XRP
Why XRP is up 1.2% in the last hour
Analysis
XRP rose 1.2% over the past hour as sentiment improved following reports that XRP ETFs saw a rebound in demand, with $16.79 million in fresh inflows after a recent downturn, supporting near-term buying pressure. The move also comes as markets stabilize after a broader weekend sell-off that hit BTC, ETH, and XRP, suggesting a modest bounce from prior weakness rather than a new catalyst.
Contributing Factors (3)
$200 Billion Gone From Crypto Markets as BTC, ETH, XRP Tanked on Saturday: Weekend Watch
HASH and WLFI are among the poorest performers, while HYPE is actually in the green daily.
XRP ETFs Recover From Heavy Downturn With $16.79 Million Fresh Capital Intake
XRP ETFs have resumed their strong daily performance despite the broad crypto market weakness, signaling resilience among its institutional investors.
Leaked Email to Epstein Framed XRP Supporters as Enemy, Ex-Ripple CTO Says
Blockstream co-founder Austin Hill viewed XRP supporters as enemies, according to Ripple's David Schwartz.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.