XRP Falls 3% As Bitcoin Pullback Hits ETF Hype

XRP slides 3% amid market volatility

On September 22, XRP fell by about 3% as Bitcoin entered a correction phase after its recent rally. The decline came despite the launch of a record-setting Bitcoin ETF, underscoring investors’ cautious stance across the broader crypto market.

Bitcoin’s pullback overshadows ETF records

Bitcoin, the market’s bellwether, had surged earlier on optimism surrounding ETF inflows. Yet, after hitting recent highs, profit-taking and selling pressure triggered a pullback. This weakness quickly spilled over into altcoins, with XRP taking a sharp hit. While the ETF milestone was significant, the correction muted its positive impact.

Key factors driving XRP’s decline

Several factors are weighing on XRP’s performance. First, much of the ETF enthusiasm was already priced in, leaving limited upside when the flows materialized. Second, XRP failed to break through key technical resistance levels, amplifying the sell-off as Bitcoin weakened. Third, global macro conditions including high interest rates and ongoing regulatory uncertainty have contributed to cautious investor sentiment.

Short-Term outlook for XRP and Crypto

Despite the drop, analysts suggest the move may be a short-term correction rather than a lasting bearish trend. Bitcoin continues to hold critical support zones, and XRP could rebound if ETF momentum sustains and market sentiment improves. Upcoming inflation data and regulatory decisions remain critical for investors’ confidence.

Conclusion

XRP’s 3% decline highlights the crypto market’s sensitivity to Bitcoin’s moves. Even with record ETF inflows, investors chose caution over exuberance. In the near term, XRP’s trajectory will depend heavily on Bitcoin’s stability and whether ETF inflows prove sustainable.

Disclaimer: This article is intended solely to provide information and market insights at the time of publication. We make no promises or guarantees regarding performance, returns, or the absolute accuracy of the data. All investment decisions are the sole responsibility of the reader.