Markets· ★★★· bearish·

XRP sheds nearly $6 billion in market value in a week

  • —Market cap dropped $5.83 billion in seven days to $82.39 billion
  • —24-hour trading volume jumped 58% to $1.78 billion
  • —U.S. spot XRP ETFs saw $1.84 million net outflow; assets at $1.47 billion
  • —XRP is down 20% over four weeks and retesting support near $1.30
Why it matters: A sustained rebound hinges on renewed ETF demand and buyers defending the $1.30 support level.
Source: Finbold