📉 U.S. spot ETF $XRP recorded net outflows of $19.13 million this week, the highest in 8 months.
📌 After two consecutive weeks of outflows, XRP fell below $1.00 and has lost 20% of its value since the beginning of November.
📌 History shows that December is usually not very positive, further reinforcing a cautious sentiment around this altcoin.
ETF outflows could continue to put downward pressure on XRP in the short term, while $BTC and $ETH remain the main safe havens.
💬 Are you holding XRP at this price, or waiting for signs of a reversal in capital flows?
#Altcoins #CryptoNews
🔗 Source: BeInCrypto
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
📌 After two consecutive weeks of outflows, XRP fell below $1.00 and has lost 20% of its value since the beginning of November.
📌 History shows that December is usually not very positive, further reinforcing a cautious sentiment around this altcoin.
ETF outflows could continue to put downward pressure on XRP in the short term, while $BTC and $ETH remain the main safe havens.
💬 Are you holding XRP at this price, or waiting for signs of a reversal in capital flows?
#Altcoins #CryptoNews
🔗 Source: BeInCrypto
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).