XRP
Why XRP is down 2.5% in the last hour
Analysis
XRP fell about 2.5% over the last hour amid a broader crypto market drawdown, as a sharp weekend sell-off wiped roughly $200B from total market cap and pulled major assets (including BTC and ETH) lower, pressuring XRP alongside the market. Sentiment may also have been weighed down by renewed controversy around XRP’s community narrative following reports about a leaked email discussed by Ripple’s former CTO.
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.