Institutional investors pulled nearly $1.5 billion from Bitcoin and Ethereum last week, with Bitcoin alone seeing $1.438 billion in outflows, reflecting a broad market de-risking amid volatility. However, XRP bucked this trend, attracting $20.3 million in inflows and showing sustained interest with $159.5 million month-to-date and $311 million year-to-date inflows. This suggests a selective rotation within crypto assets rather than a full market exit, with XRP viewed as a differentiated investment due to its regulatory positioning and utility. The ongoing inflows into XRP may indicate a shift in institutional sentiment and allocation strategies amid broader market adjustments.
Cryptocurrency markets saw a broad decline, with Bitcoin dropping more than 5% to around $67,513 and Ethereum falling over 2%. Many altcoins also experienced losses, including XRP, ADA, and SOL, while a few tokens like ZEC and LAB showed notable gain...
XRP has fallen below its crucial $1.30 support level, breaking a symmetrical triangle pattern that suggests a bearish trend. Analysts now expect the price to test the next support at $1.14, with technical indicators and historical seasonal trends poi...
Ripple unlocked 1 billion XRP tokens on June 1 as part of its scheduled monthly release, coinciding with a surge in institutional interest through American XRP ETFs, which recorded $118.29 million in net inflows in May. While the large token release ...
XRP ETFs have seen steady inflows totaling $1.43 billion in May, even as XRP's price dropped 2.5%. Meanwhile, Bitcoin ETFs experienced outflows exceeding $4 billion over four weeks. Ripple expanded its USD-backed stablecoin RLUSD into Turkey through ...
SBI Holdings projects Ripple's IPO to take 12 years, causing mixed reactions in the XRP market despite a 376% surge in secondary shares. Shiba Inu (SHIB) faces a potential price squeeze due to a record low supply on exchanges and empty order books, p...
