XRP Slumps Below $1.500 as XLM Faces Resistance Amid Soaring US Yields

Ripple's XRP token is struggling, trading below $1.500 on Thursday and down 1.72% for the week.

Stellar's XLM token, on the other hand, has extended its rebound, trading at $0.227 on Thursday after a modest gain the previous day.

Rising US Treasury yields and mixed derivatives metrics continue to weigh on risk appetite, capping upside momentum for both tokens.

Soaring US Treasury yields are pushing investors away from risk assets, stalling upside momentum for Ripple and Stellar.