Crypto
XRP Price Sees Slight Increase Amidst Market Volatility
XRP price sees a slight increase as it reaches $1.37 per coin, up 0.28% from yesterday's price. The total market capitalization of XRP is over $86 billion with a circulating supply of 62.9 billion coins.
The XRP ETF net flows indicate that there have been cumulative net inflows of $1.6 billion since September 11. Spot ETF flows were nearly flat at $0.0 on the same day, but this could be due to market sentiment being neutral with only 3 bullish and 1 bearish sentiment balance.
On the other hand, there was a significant outflow from Bitcoin (BTC) ETFs amounting to $449 million in three sessions, which signals fresh selling pressure. This move is considered bearish for XRP as it may lead to further market volatility.