XRP
Why XRP is down 2.5% today
Analysis
XRP fell about 2.5% over the past 24 hours as traders digested supply- and regulation-linked headlines. U.Today reported Ripple’s February one-billion XRP unlock and the remaining 33.9B XRP in escrow, a recurring event that can weigh on sentiment around potential supply availability.
Contributing Factors (3)
XRP Bold Claim: Pundit Sparks Controversy With Call To Sell All Bitcoin And Buy The Altcoin
The debate regarding XRP and Bitcoin across the space has intensified after recent findings that disclose that the altcoin could rival BTC and its impact on the crypto and financial sector. Bitcoin ma...
Ripple Awaits Final Piece of Puzzle as Key Upgrade Activates on XRP Ledger
Last XRP DEX compliance puzzle piece now awaited as upgrade activates.
33,895,428,762 XRP Left in Escrow After Ripple's February One-Billion Unlocking
33,895,428,762 XRP remain in escrow following February distribution.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.