Ripple (XRP) extended its downturn on Friday, hovering around the $1.09 level as broader risk-off sentiment weighed on cryptocurrencies and tech-linked assets. With no major ecosystem catalysts emerging, traders largely treated XRP as a high-beta proxy for the direction of Bitcoin (BTC) and equity benchmarks.
As of Friday 1:05 p.m. ET, XRP was changing hands at $1.0962, down 2.23% over the past 24 hours, according to CoinMarketCap data. A modest intraday bounce was visible on shorter timeframes—up about 0.54% over the prior hour—but the broader trend remained decisively negative. XRP has… Read more
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