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XRP Price: Falls Nearly 5% as Treasury Yields Hit 24-Year High — Is a Deeper Correction Coming?

By Trader Edge at 2026-11-07 08:25

Sentiment: Negative

TLDR XRP fell nearly 5% to around $1.42, losing the $1.50 support level. Market capitalization dropped over $4.4 billion to about $90.3 billion. US spot XRP ETFs saw $3.14 million in inflows despite the price drop. A long squeeze triggered $19.14 million in liquidated long positions. Ripple’s XRPL upgrades and Evernorth’s Nasdaq debut were delayed [...] The post XRP Price: Falls Nearly 5% as Treasury Yields Hit 24-Year High — Is a Deeper Correction Coming? appeared first on CoinCentral. Continue reading...

Categories: Analysis

Tags: #Analysis

Source Coin Central