XRP has dropped below the key support level of $1.30 following increased selling pressure in early June, coinciding with Ripple's scheduled escrow unlock releasing 1 billion XRP. This technical breakdown comes amid Bitcoin's fall below $70,000, which has heightened market risk and pressured altcoins like XRP. Immediate support is at $1.20, with a potential deeper drop toward $1.00 if selling continues. Despite short-term volatility, long-term prospects remain positive due to reduced regulatory risks and growing institutional interest in XRP-related products.
Ripple has introduced its USD-backed stablecoin, RLUSD, in Turkey, a key digital asset market in the Middle East and North Africa. The stablecoin, competing with USDC, already has a market cap of over $1.7 billion and is available on major exchanges ...
XRP has dropped to a 15-week low around $1.2677, reflecting a 66% correction from its recent peak. The digital asset is trading below key resistance levels and the 100-hour moving average, signaling continued bearish pressure. Analysts note two faile...
XRP dropped below the key $1.30 support level on heavy volume, reaching fresh 15-week lows amid a broader market downturn led by bitcoin. Despite over 25 million XRP moving off exchanges, indicating some accumulation, selling pressure remains strong ...
Crypto investment funds experienced significant outflows totaling $1.67 billion last week, marking the second-largest weekly withdrawal in 2026. Bitcoin led the decline with $1.43 billion pulled out, while Ethereum also saw $257 million in outflows. ...
The CME Group has expanded its cryptocurrency derivatives trading to operate 24/7, with Ripple Prime serving as a day-one clearing and financing partner. This new round-the-clock market access enables continuous trading, evidenced by over 7,200 contr...
