Why is XRP down today?

The price of XRP has experienced a decrease of 4.9% today. The decline in XRP's price can be attributed to a combination of factors: 1. **ETF Outflows**: There have been weekly ETF outflows of $40.64 million, which has pressured XRP prices. This indicates a potential loss of institutional demand, which could be a bearish signal for the cryptocurrency. 2. **Legislative Delays**: The US Senate Banking Committee's draft crypto bill has faced delays, which has previously extended XRP's weakness. Any regulatory uncertainty or slower-than-expected bill progress could weigh on XRP prices. 3. **Trade Fears**: The ongoing US-EU trade war fears have triggered a crypto sell-off, pushing XRP to $1.8502 before buyers briefly reclaimed $2. This geopolitical uncertainty can lead to a negative sentiment towards risk assets like XRP. In summary, XRP's decline today can be attributed to a combination of ETF outflows, legislative delays, and trade fears. These factors collectively contribute to a bearish environment for XRP in the market. Crypto XRPUSD Percentage Change For Recent 2 Weeks Day By Day |code|market_code|symbol|symbol_name|Symbol Name|exchange|Last Price|24h Percentage Change|Crypto Code|Base Crypto|Percentage Change[20260126]|Percentage Change[20260125]|Percentage Change[20260124]|Percentage Change[20260123]|Percentage Change[20260122]|Percentage Change[20260121]|Percentage Change[20260120]|Percentage Change[20260119]|Percentage Change[20260118]|Percentage Change[20260117]|Percentage Change[20260116]|Percentage Change[20260115]|Percentage Change[20260114]|Percentage Change[20260113]| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |XRPUSDC|UBAX|XRPUSDC.BNBS|XRP/USDC|XRP/USDC|Binance|1.8796|-0.8494700000000001|XRP|USDC|2.470011|-4.08953|-0.29719999999999996|-0.213319|-1.248523|3.0879239999999997|-4.8962319999999995|-0.31133900000000003|-3.4659940000000002|-0.208011|-0.519731|-2.8745030000000003|-1.168699|5.481655| |XRPUSDC|U31X|XRPUSDC.BYS|XRP/USDC|XRP/USDC|Bybit|1.8796|-0.765373|XRP|USDC|2.508179|-4.084514|-0.328399|-0.19769000000000003|-1.2382469999999999|3.093384|-4.896479|-0.286317|-3.499758|-0.198346|-0.553257|-2.851|-1.16408|5.450826| |XRPUSDT|UBAX|XRPUSDT.BNBS|XRP/Tether|XRP/Tether|Binance|1.8814|-0.864295|XRP|USDT|2.478754|-4.111163|-0.276099|-0.213131|-1.2271509999999999|3.047619|-4.833837|-0.27116599999999996|-3.4753529999999997|-0.22729500000000002|-0.533936|-2.827896|-1.209826|5.433301| |XRPUSDT|U31X|XRPUSDT.BYS|XRP/Tether|XRP/Tether|Bybit|1.8815|-0.85907|XRP|USDT|2.478754|-4.12118|-0.260485|-0.223516|-1.211872|3.053395|-4.848943|-0.276174|-3.4705060000000003|-0.22729500000000002|-0.514794|-2.837509|-1.2145|5.428432|