XRP Falls Despite Strong ETF Inflows Amid Persistent Inflation Concerns

XRP has continued to fall despite strong inflows into XRP ETFs, dropping towards the $1.00 psychological support level.

The Fed's decision to leave interest rates unchanged and the dissenting voices of two committee members in favor of a 25 basis point hike have added to inflation concerns.

Risk appetite has waned this week, with the Fear & Greed Index slipping to 25, firmly in Fear territory, down from 28 just a day earlier.

XRP ETFs saw inflows surge to nearly $6 million on Thursday, up from $585,000 the day before, but sustained risk-off sentiment may keep XRP's upside capped.