$XRP The price of XRP has indeed fallen by about 6% to $1.99, extending multi-day weakness and reflecting bearish momentum. Whale distribution is accelerating, with 200 million XRP sold within 48 hours, creating strong selling pressure.
*Factors Affecting XRP Price:*
- *Whale Distribution*: Large-scale sales by whales create strong selling pressure.
- *Bitwise XRP ETF*: The Bitwise XRP ETF closed 7% lower on its debut, adding to the volatility triggered by the ETF.
- *Market Sentiment*: Weak crypto market sentiment also affects the price of XRP.
*XRP Price Statistics:*
- Current Price: $1.99
- 24-Hour Change: -7.38%
- Market Capitalization: $129.90 billion
- 24-Hour Trading Volume: $7.15 billion
Please keep in mind that the crypto market is highly volatile, and prices can change rapidly. Make sure to conduct thorough research and analysis before making investment decisions.¹
buy, hold, sell???🤔🤔
