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XRP falls toward $1.10 as liquidation-driven selloff pushes token to multi-month lows
Key takeaways
- The latest selloff came with the kind of volume usually associated with forced liquidations rather than orderly selling, pushing the token to its weakest levels in months before dip buyers finally showed up near $1.09.
- • XRP ETFs recorded roughly $4 million in inflows after seeing their first daily outflow in three weeks, bringing cumulative inflows to around $1.5 billion.
- • Market sentiment deteriorated sharply across crypto, with the Fear & Greed Index falling into extreme fear territory as traders reacted to broader macro uncertainty.
It's fighting over whether $1.10 holds. The latest selloff came with the kind of volume usually associated with forced liquidations rather than orderly selling, pushing the token to its weakest levels in months before dip buyers finally showed up near $1.09.
• XRP ETFs recorded roughly $4 million in inflows after seeing their first daily outflow in three weeks, bringing cumulative inflows to around $1.5 billion.
• Market sentiment deteriorated sharply across crypto, with the Fear & Greed Index falling into extreme fear territory as traders reacted to broader macro uncertainty.
Article preview — originally published by CoinDesk. Full story at the source.
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