XRP Price Drops 4% Amid Crypto Market Weakness Despite Strong ETF Inflows

The price of XRP declined by approximately 4% in the last 24 hours, reflecting a broader downturn in the cryptocurrency market. This drop occurred despite continued strong inflows into spot Bitcoin Exchange-Traded Funds (ETFs), which have been a major source of positive sentiment. Analysts point to general market weakness and profit-taking across altcoins as key factors pressuring XRP's price. The asset's performance highlights its ongoing correlation with major cryptocurrencies like Bitcoin, even as specific catalysts like ETF approvals remain focused on other digital assets. Market observers are watching for signs of a reversal, noting that sustained ETF interest could eventually provide support for the wider crypto ecosystem, including XRP.