XRP Sell-Off Continues as Geopolitical Tensions Weigh
The price of XRP has dropped for a second consecutive day, trading around $1.32 as renewed geopolitical tensions weigh on the broader cryptocurrency market.
Renewed tensions between the US and Iran have triggered sell-offs across the board, with investors evaluating the impact of strikes on markets.
Despite this, XRP spot ETFs recorded $14 million in inflows on Tuesday, as capital flowing into digital investment products extends an 11-day bullish streak.
The pullback in XRP price remains relatively controlled, but further deterioration in market sentiment could accelerate the sell-off below $1.30.