XRP
Why XRP is down 1.9% today
Analysis
XRP fell 1.9% over the past 24 hours amid a broader weekend risk-off move that wiped roughly $200 billion from the crypto market, dragging major tokens lower together. CryptoPotato reported that BTC and ETH also sold off during the same period, suggesting XRP’s decline was largely part of the market-wide downturn rather than XRP-specific weakness.
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.
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.
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.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.