- XRP currency under pressure amid outflows of capital


Derivatives and institutional digital asset products are experiencing a decline in demand, reflecting ongoing risk aversion in the cryptocurrency markets. The fear and greed index in the crypto market, which settled at 15 points in the extreme fear zone on Friday, confirms this cautiousness among investors.
Crypto Fear and Greed Index | Source: Alternative
The open interest in XRP futures contracts remained steady at $2.64 billion on Friday, a slight decrease from $2.66 billion the previous day. This contraction indicates continued declining risk appetite among market participants.
The persistent weakness in derivative demand confirms a decline in confidence in XRP’s near-term prospects. As a result, traders are increasingly closing their current positions instead of opening new buy positions, adding downward pressure on the asset.
Daily trading information for XRP futures | Source: CoinGlass
Meanwhile, the slight inflows into spot XRP exchange-traded funds (ETFs) did not produce any bullish reversal. Data from SoSoValue shows total inflows of $2.55 million on Friday, after weak activity the day before.
If headwinds persist and demand is overtaken, the ongoing bearish trend could accelerate losses toward recent lows at $1.05 and the psychological support level at $1.00.
$XRP ‌#MyGateTradeStory $BTC
BTC1.41%
View Original
IEM Cologne Major 2026: Reach the Grand Final
Falcons
Yes
FURIA
Yes
$26.54K Vol+10 more
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned