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XRP Dips Again as ETF Hopes Fade, Is the Market Losing Faith?

XRP Dips Again as ETF Hopes Fade, Is the Market Losing Faith?

Affects: Crypto

XRP experienced a decline of nearly 2%, dropping to $3.44, following the SEC's decision to pause the conversion of Bitwise's crypto ETF. This setback comes at a critical time for XRP investors, who were relying on ETF momentum to elevate altcoin prices. With XRP now over 7% below last week's peak, market sentiment is mixed—raising concerns about whether this is merely a temporary dip or a sign of deeper issues ahead.

Source: economictimes.indiatimes.com