XRP is experiencing a decline with profits from Bitcoin.

The Status of XRP in the Cryptocurrency Market

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

Institutional Inflows are Increasing

Investment inflows from institutions have shown an increase of more than %54 over the weekly average. This situation indicates that investors are strategically choosing to sell, and it does not mean that retail investors are panicking.

On the one hand, strong ETF inflows are being observed; meanwhile, XRP is struggling to break through the resistance level between $2.09 and $2.10. This situation shows that XRP continues to trade within a narrow price range.