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XRP exposed to volatility amid low retail interest, modest fund inflows
Ripple (XRP) is extending its intraday decline to around $1.40 at the time of writing on Monday amid growing pressure from the retail market and risk-off sentiment that continues to keep investors on the sidelines. Following last week’s turbulence, XRP hit a yearly low at $1.12 on Friday but quickly rebounded to $1.54. A brief consolidation followed amid price fluctuations around the $1.40 psychological threshold. XRP continues to attract institutional investors, with total inflows into related financial products averaging $63.1 million last week, according to CoinShares data. Outflows generally slowed, signalling ... (full story)
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