XRP is experiencing a decline with profits from Bitcoin.

Current Status of XRP in the Cryptocurrency Market

XRP has declined from $2.09 to $2.00, experiencing a drop of %4.3. This decline has caused it to lag behind the overall performance of the cryptocurrency market.

Increased Inflows from Institutions

Investment inflows from institutions have shown an increase of more than %54 above the weekly average. This situation indicates that investors prefer to sell strategically, and does not mean that retail investors are in a panic.

On the one hand, strong ETF inflows have been observed; however, 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.