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XRP struggles near $1.04 amid ETF outflows and delayed U.S. crypto policy.

Market News
06 Aug 2026
Tokenpost
View Source
Bearish
pluang ai news

XRP is trading near $1.04, pressured by ETF outflows, Grayscale's large sales, and postponed U.S. crypto legislation, which creates regulatory uncertainty. Despite increased trading volume, XRP's price has declined over the past month and quarter, with technical analysts warning of further downside if it fails to reclaim $1.05. The delay in the U.S. Senate vote on the CLARITY Act prolongs regulatory ambiguity, dampening demand. However, Ripple's recent regulatory progress in Europe and ongoing upgrades to the XRP Ledger offer potential long-term growth drivers amid near-term challenges.

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