XRP Price Takes a Hit as Market Sentiment Remains Weak

XRP's price has taken a hit today, falling nearly 2% over the past 24 hours to around $1.02.

The token is currently under pressure due to weak market sentiment and broader market weakness across benchmark assets like Bitcoin (BTC) and Ethereum (ETH).

Despite renewed institutional interest through U.S. spot exchange-traded funds (ETFs), XRP's price has not been able to recover, with its 24-hour trading volume reaching $1.50 billion, up 15.89% from the previous day.