XRP
Why XRP is down 3.0% today
Analysis
XRP fell about 3% over the last 24 hours largely in line with a broader market drawdown that wiped roughly $200B from total crypto market cap, pressuring majors like BTC and ETH as well (CryptoPotato). While XRP-focused ETFs reportedly saw a modest rebound in inflows ($16.79M), that wasn’t enough to offset the wider risk-off move in spot markets (U.Today).
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
Moderate confidence. Multiple factors may be contributing.