XRP's Steady Price Masks Broader Bearish Trend and Fading Retail Demand

The XRP token has remained steady at $1.0 on Tuesday, still within a broader bearish trend as retail participation continues to decline.

The Crypto Fear & Greed Index currently stands at 36, placing the market in the 'Fear' territory, indicating subdued demand for risk assets.

Despite this, XRP-linked exchange-traded funds (ETFs) have seen increased inflows, attracting $14.9 million last week and a further $1.15 million on Monday.

Total net assets of these ETFs stood at $989 million as of the latest update, with cumulative inflows reaching $1.5 billion.