XRP Faces Intense Selling Pressure Amid Market-Wide Turbulence
31.01.2026 - 03:07:04
The cryptocurrency XRP has encountered significant downward momentum, plunging to fresh lows on Friday. A confluence of institutional outflows and broader macroeconomic anxiety has triggered a sharp sell-off, though on-chain data reveals a notable divergence in behavior among major holders.
The sell-off extends far beyond XRP, forming part of a pronounced “risk-off” shift across global financial markets. This sentiment was ignited by President Trump’s nomination of Kevin Warsh as the next Chair of the U.S. Federal Reserve. Perceived as a monetary policy “hawk,” Warsh’s nomination stirred investor concerns over tighter future policy and reduced liquidity.
The market reaction was severe and widespread. Silver prices collapsed Read more...
