Ripple ETFs Defy Crypto Slump With Another Green Week but XRP Price Sinks
đš The cryptocurrency market faced a significant downturn, with Bitcoin's rejection at $87,000 leading to a drop in prices across most altcoins, including XRP.
đ In contrast to the overall market, XRP ETFs saw impressive net inflows totaling $11.31 million, extending their positive streak to 13 weeks and reaching an all-time high of $1.8 billion in cumulative inflows.
đ Despite strong ETF demand, XRP's price fell to a three-week low of $1.32 amid the market correction, currently recovering slightly to $1.40 but still down 7% for the week.
đš The cryptocurrency market faced a significant downturn, with Bitcoin's rejection at $87,000 leading to a drop in prices across most altcoins, including XRP.
đ In contrast to the overall market, XRP ETFs saw impressive net inflows totaling $11.31 million, extending their positive streak to 13 weeks and reaching an all-time high of $1.8 billion in cumulative inflows.
đ Despite strong ETF demand, XRP's price fell to a three-week low of $1.32 amid the market correction, currently recovering slightly to $1.40 but still down 7% for the week.