XRP
Why XRP is down 1.6% today
Analysis
XRP fell about 1.6% over the past 24 hours as broader risk-off pressure and forced selling hit the market, with reports noting a wider crypto sell-off that liquidated roughly $745 million alongside a spike in XRP trading activity (U.Today). Sentiment also weakened after coverage of Grayscale-related trimming of holdings tied to XRP ETF exposure, which can be read as reduced institutional positioning (CoinGape).
Contributing Factors (3)
Grayscale Executives, Parent Firm Trim Holdings in XRP, Solana, & Chainlink ETFs
Executives from crypto asset management company Grayscale and its parent Digital Currency Group (DCG) and related investment firm have sold shares in XRP, Solana, and Chainlink ETFs. The selloffs occu...
XRP Rockets 214% in Volume as Market Sell-Off Liquidates $745 Million
XRP volumes have skyrocketed 214% as the market continues to face selling pressure.
Ripple Price Warning: XRP Plummets to Critical Support as 2026 Gains Vanish
XRP's market cap is well behind BNB's now.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.