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XRP falls 4% below $1.30 as bitcoin-led market weakness pulls down majors
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XRP falls 4% below $1.30 as bitcoin-led market weakness pulls down majors

CoinDesk · Jun 2, 2026, 6:41 AM · Also reported by 2 other sources

Key takeaways

  • Tokens continue leaving exchanges, which normally points to accumulation, but the market is still treating rallies as selling opportunities, leaving price stuck in a clear downtrend.
  • • More than 25 million XRP moved off exchanges in recent days after the largest single-day inflow of 2025, suggesting some investors are accumulating into weakness.
  • • Despite those outflows, XRP continues to track broader crypto sentiment closely, showing little evidence of asset-specific demand driving price higher.

Tokens continue leaving exchanges, which normally points to accumulation, but the market is still treating rallies as selling opportunities, leaving price stuck in a clear downtrend.

• More than 25 million XRP moved off exchanges in recent days after the largest single-day inflow of 2025, suggesting some investors are accumulating into weakness.

• Despite those outflows, XRP continues to track broader crypto sentiment closely, showing little evidence of asset-specific demand driving price higher.

Article preview — originally published by CoinDesk. Full story at the source.
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