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XRP stays at $1.85 as Bitcoin's rebound fades despite $1.25B in ETF assets
Source: Yellow Original Title: XRP holds at $1.85 as Bitcoin rebound fades despite $1.25B in ETF assets
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Market Quote and Movement
XRP traded at $1.85 on Saturday, while traders sold on rebounds despite steady institutional demand.
Assets in spot exchange-traded funds (ETF) for XRP reached $1.25 billion after recent inflows of $8.19 million.
Bitcoin’s recovery attempt stalled near resistance during US trading hours.
The disconnect between price action and institutional accumulation indicates volatile conditions in the short term.
What happened
XRP remained trapped in a trading range between $1.85 and $1.91, as sellers defended the $1.90 resistance zone.
Volume surged 76% above average during attempts to reject the price near $1.91.
Institutional investors added $8.19 million to XRP spot ETFs in recent sessions.
Total net assets held by ETFs rose to $1.25 billion since the funds launched in November.
Seven consecutive weeks of ETF inflows demonstrate steady professional demand through structured products.
Portfolio managers increasingly prefer regulated vehicles that reduce custody and compliance frictions compared to direct spot holdings.
Bitcoin fell to $87,500 on Friday, a 1.67% decline in 24 hours.
The largest cryptocurrency failed to maintain momentum above $90,000 despite liquidity injections from the Federal Reserve.
Why it matters
XRP’s price consolidation despite growing ETF assets highlights the disconnect between institutional accumulation and short-term trading dynamics.
Professional investors build positions through regulated products while short-term traders distribute at higher resistance.
The support level of $1.86 held through multiple re-tests, preventing a downside extension.
Failure to recover the $1.87 to $1.88 zone keeps the token vulnerable to a decline toward the demand zone of $1.77 to $1.80.
A close above $1.90 would likely force short covering toward $1.95–$2.00.
Broader market weakness due to Bitcoin’s stalled recovery contributes to major cryptocurrencies remaining in sideways ranges.