XRP
Why XRP is down 1.5% today
Analysis
XRP fell about 1.5% over the past 24 hours amid broader market weakness, as reports noted roughly $100B was wiped from crypto markets with BTC, ETH, and XRP all sliding. While Cointelegraph highlighted that XRP-related funds bucked the weekly outflow trend even as Bitcoin ETFs saw $261M in outflows, the overall risk-off tone tied to ETF outflows and market-wide selling likely weighed on XRP’s price despite that relative strength.
Contributing Factors (3)
Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week.
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Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.