- The XRP price is currently in the red zone as Bitcoin fails to gain momentum.
- This drop comes despite XRP ETFs hitting a two-month high in daily inflows.
- Amid geopolitical tensions and broader market uncertainty, XRP is poised to stay under pressure.
The XRP price is currently under selling pressure due to heightened global tensions and the general uncertainty in the crypto market. The same is being felt by the XRP price since other major cryptocurrencies like Bitcoin are failing to maintain their momentum.
More interestingly, the current downtrend in the XRP price happens despite the increased institutional interest. On April 10, there was a net inflow of $9.1 million into XRP ETFs, the highest in two months. It has been quite confusing for many traders, especially given that it usually reflects market confidence when there are positive flows into the market. Instead, the ongoing US-Iran tensions and broader market conditions seem to be weighing in on the XRP price.
XRP Price Follows Bitcoin’s Weak Momentum
Currently, the XRP price is moving in line with the broader crypto market. With Bitcoin struggling to build strong momentum amid the escalating US-Iran issues, XRP has also come under pressure. This indicates that the overall mood in the market remains cautious.
As of press time, the Bitcoin price is marked at $71,514, down by nearly 2% in a day. The broader crypto market is also under pressure. This overall negative sentiment is driven by the US and Iran’s failure to reach an agreement despite holding a long 21-hour discussion.
The slowdown in BTC has reduced confidence across altcoins, including XRP. Despite positive developments like increased ETF inflows, the XRP price is currently in the red zone. As of press time, XRP is valued at $1.32, with a drop of 1.4% in the day. Despite a 1.85% weekly uptick, the token has seen a significant monthly drop of 6.5%.
For now, the direction of the XRP price may depend on how the wider market behaves. If Bitcoin stabilizes and regains strength, XRP could see a recovery. But if the weakness continues, the Ripple token may remain under pressure in the near term. It is also worth noting that the current dip comes following XRP’s rebound as experts highlighted reduced quantum computing risks compared to Bitcoin.
You must understand this.. $XRP to $27 is inevitable.. pic.twitter.com/gUejNyrDv7
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) April 11, 2026
However, experts like ChartNerd believe that a potential XRP price surge is imminent. He wrote on his latest X post, “You must understand this.. XRP to $27 is inevitable.”
XRP ETF Inflows Hit 2-Month High
The current XRP price decline comes amid strong institutional interest. The Ripple coin is now seeing a strong wave of institutional interest, as US-based spot ETFs recorded an impressive $9.1 million in net inflows on April 10. As per CoinGlass data, this marks the highest single-day inflow since February 6, 2026. This shows that large investors are starting to step back into the market.
In terms of ETF flows, the previous time XRP reached a similar level was on February 6, recording a gain of $15.2 million. The current value might be lower than the mentioned figure, but it represents a sign of renewed interest in the token.
In general, the amount of XRP owned by these ETFs represents around 1,16% of its entire market value, constituting a significant portion. While the XRP price may not have responded significantly yet, this kind of behaviour usually represents an indicator of potential upside movement.
Source: https://www.cryptonewsz.com/xrp-price-drops-etf-inflows-hit-two-month-peak/