XRP Price Falters as Market Uncertainty Continues

XRP's price has taken a slight dip to around $1.06 over the past 24 hours, but it remains near a key level despite market uncertainty.

Bitcoin's recent hack and the stalled Clarity Act have contributed to a decline in investor confidence, but XRP's spot ETFs continue to attract institutional interest with cumulative inflows reaching $1.51 billion.

The number of coins being withdrawn from exchanges has increased significantly, with Binance seeing a 55.6% withdrawal transaction share as of July 31. This may indicate that sellers are running low on supply, according to analyst Darkfost.