XRP Extends Decline as Macro Uncertainty Weighs on Price Action
Ripple (XRP) continues to struggle as it falls below $1.33 for the third consecutive day, mirroring the broader cryptocurrency market's downturn due to macroeconomic uncertainty.
The token is nearing its critical support area at $1.30, while US-listed XRP spot ETFs recorded inflows of around $5 million on Thursday, but this was not enough to boost the outlook for a recovery.
Crypto Finance analysts commented that 'the next few sessions will determine whether investors are right to challenge policymakers, or whether policymakers respond with more force than the market currently expects.'