XRP
Why XRP is down 1.4% in the last hour
Analysis
XRP slipped about 1.4% over the past hour as traders reacted to reports of a sudden, heavy sell-off—U.Today noted roughly $70 million in XRP was dumped in seconds, adding short-term downside pressure while the price struggled to recover. Broader sentiment also remains cautious amid ongoing regulatory overhang and questions about XRP’s performance despite Ripple’s banking-focused progress, as highlighted by AMBCrypto.
Contributing Factors (3)
Ripple may be building for banks, but XRP still down 20% – Why?
Custody upgrades and stablecoin clarity are yet to move the price.
XRP Sees $70 Million Sell-Off in Seconds as Price Struggles to Recover
XRP continues to plunge as large token offloads continue to fuel selling pressure. The asset saw over $70 million worth of its token dumped on Bybit.
Ripple CEO: XRP Community Has Always Been Top Priority
Ripple CEO Brad Garlinghouse emphasizes XRP priority ahead of community day event.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.