XRP
Why XRP is down 9.7% today
Analysis
XRP fell 9.7% over the past 24 hours as broader market tone weakened, even while some indicators showed XRP-specific optimism. Cointelegraph cited Santiment data showing XRP trader sentiment remained relatively upbeat as BTC and ETH mood turned sour, suggesting XRP’s drop likely tracked the wider risk-off move rather than a collapse in on-chain interest.
Contributing Factors (3)
XRP Ledger Close to All-Time Highs as XRP Price Is Barely Breathing
XRP Ledger's activity is through the roof despite the catastrophic price performance of XRP on the market.
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.
'Be Greedy': Ripple CEO Reacts to XRP Price Crash
Ripple CEO Brad Garlinghouse turns to the 'Oracle of Omaha' to display his confidence in XRP.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.