XRP also remained in focus as fund flow data and drew broader interest in the asset. SoSoValue data shows XRP ETFs recorded about $28 million in net outflows, the second-largest weekly withdrawal on record, as macro uncertainty and crypto market volatility weighed on investor appetite for risk.
At the same time, XRP traded around $1.43, with an intraday range of $1.39 to $1.43. In the near term, the market is watching support around $1.38 and resistance near $1.45, according to analysts.
A Senate advance on the CLARITY Act could improve sentiment for XRP by giving investors a clearer view of the regulatory environment around digital assets.
Also Read:
