XRP News Today: XRP Holds Key Support While Fed Hawks Hit Crypto
Calls to delay further monetary policy easing led to $1.15 billion in BTC-spot ETF outflows on Wednesday, November 12, and Thursday, November 13. Outflows sent BTC below the crucial $100,000 psychological support level, weighing on the broader market.
XRP Stands Out from the Pack as Canary XRP ETF Passes Litmus Test
Despite a four-day losing streak, XRP suffered modest losses relative to its top-10 peers. For context, Solana (SOL) has tumbled 13.34% in the week ending Sunday, November 16, while Ethereum (ETH) has dropped 11.37%.
Canary XRP ETF (XRPC) reported net inflows of $245 million on Thursday, November 13, its first day of trading. Market commentator Chard Steingraber commented on XRPC’s first day of inflows, stating:
“If…
