XRP
Why XRP is down 10.0% today
Analysis
XRP fell about 10% over the past 24 hours as traders likely reacted to supply and sentiment dynamics highlighted in recent coverage. U.Today noted Ripple’s February one-billion XRP unlock and the large amount still held in escrow, which can keep market attention on potential supply overhang.
Contributing Factors (3)
XRP traders more optimistic as BTC, ETH mood turns sour: Santiment
Social media sentiment has turned “extremely bearish” toward Bitcoin and Ethereum this week, according to analytics platform Santiment.
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.
XRP Ledger Gets $280 Million Market of Tokenized Diamonds, Ripple Involved Too
$280 million in certified diamonds just got tokenized on XRP Ledger as Ripple, Ctrl Alt and Billiton Diamond unite to turn physical gems into on-chain financial assets.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.