The price of XRP fell by 5.2% when Bitcoin reached $111,000, driven by ETF inflows and new institutional demand due to Trump's tariff news.
Ripple's RLUSD faces competition after JPMorgan and major U.S. banks propose a blockchain-based stablecoin native to Wall Street.
Open interest in XRP futures dropped below $5 billion, indicating deleveraging, while long liquidations reached $14.88 million in 24 hours.
The price of Ripple (XRP) plummeted 5.2% in the last 24 hours, trading at $2.31 on Saturday, underperforming against its five main rivals. Derivatives data shows that short-term traders quickly closed positions, even as Bitcoin (BTC) reached a new all-time high of $111,807. What does the future hold for the price of XRP?