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XRP heads toward $1.00 as risk-off mood persists
Ripple (XRP) edges lower, trading around $1.15 at the time of writing on Thursday, its lowest price since February 6. The cross-border money remittance token is extending the sell-off for the fifth consecutive day, reflecting persistent headwinds from ongoing geopolitical tensions and investor uncertainty. Institutional interest in XRP spot Exchange-Traded Funds (ETFs) took a negative turn, with roughly $5 million in outflows on Wednesday. According to SoSoValue data, this marks the first outflow since April 30. Cumulative inflows into XRP investment products stand at $1.42 billion, while average assets under ... (full story)
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