XRP is experiencing a decline along with Bitcoin profits.

The Status of XRP in the Cryptocurrency Market

XRP has declined from $2.09 to $2.00, experiencing a decrease of 4.3%. This drop has caused it to underperform compared to the overall cryptocurrency market.

Increased Inflows from Institutions

Investment inflows from institutions have increased by more than 54% above the weekly average. This situation indicates that investors are strategically choosing to sell, and it does not suggest that retail investors are panicking.

On one hand, strong ETF inflows have been observed; however, XRP is struggling to surpass the resistance point between $2.09 and $2.10. This situation indicates that XRP continues to trade within a narrow price range.