XRP
Why XRP is up 1.3% in the last hour
Analysis
XRP rose about 1.3% over the last hour as it stabilized and bounced alongside broader majors after the weekend drawdown highlighted in CryptoPotato’s market recap, suggesting a short-term relief move following heavy selling. Separately, U.Today’s report on controversy around a leaked email involving XRP supporters may have kept attention on the asset, but it did not indicate a clear new negative catalyst during this hour.
Contributing Factors (2)
$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.
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
Moderate confidence. Multiple factors may be contributing.