BTC, XRP Price News: Bitcoin rebound fades as Ripple slips to $1.86
XRP traded in a tight range near $1.86 as Bitcoin's rebound stalled, despite ETF assets reaching $1.25 billion.Summary
Bitcoin's attempted rebound lacked follow-through, leaving major cryptocurrencies range-bound. XRP slipped to $1.86, caught between sellers defending the $1.90 resistance and buyers supporting the $1.86 level, suggesting an imminent decisive move.
Institutional demand for XRP remained strong, with spot ETF assets climbing to $1.25 billion following recent net inflows of $8.19 million. This steady institutional bid suggests professional investors are building positions through regulated vehicles, providing underlying support even as short-term price action is choppy.
Technically, XRP is consolidating within a $1.85–$1.91 channel. The repeated defense of $1.90+ indicates sellers are distributing into strength, while bids near $1.86–$1.87 are preventing a collapse. Traders are watching if XRP can reclaim $1.88 to target $1.95–$2.00, or if a failure at $1.86 leads to a slide toward $1.77–$1.80.
(Source：CoinDesk)