According to data from CoinMarketCap, the price of XRP has experienced notable downward pressure today, falling by over 6% amid broader market weakness. The decline is attributed to a combination of macroeconomic developments, renewed trade tensions, and internal market dynamics affecting the broader cryptocurrency landscape. The decision by the United States Federal Reserve to maintain interest rates at current levels has significantly influenced risk sentiment in the financial markets. Investors had anticipated the possibility of a rate cut, especially in light of economic pressures. However, the central bank opted to leave rates unchanged, signaling a more cautious approach to monetary easing. This decision has curtailed risk appetite, prompting investors to move away from speculative assets such as cryptocurrencies, including XRP , and shift capital toward traditionally safe instruments. Canadian Tariffs Add to Global Economic Strain Contributing to this atmosphere of uncertainty is the recent escalation in trade policy from the U.S. government. The implementation of a substantial 35% tariff on Canadian imports, alongside a newly instituted 10% global tariff, has heightened global economic tensions. These moves have raised concerns about inflationary pressures and potential disruptions in international trade. The market response has been immediate and forceful, with major cryptocurrencies posting losses as risk aversion takes hold. Liquidations Intensify the Selling Pressure XRP, like other altcoins, has also been affected by technical factors within the crypto market itself. Large-scale liquidations of leveraged positions occurred following macroeconomic shifts. As overleveraged traders were forced to close positions, the sell-offs contributed to accelerated price drops across the market. XRP, which remains a highly liquid and widely traded asset, saw significant activity during this correction, amplifying its decline. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Additionally, on-chain data shows that a large portion of XRP holders are currently in profit. This circumstance often leads to increased selling during periods of uncertainty, as investors seek to secure gains rather than risk potential losses amid declining sentiment. With such a sizable percentage of XRP’s circulating supply held by wallets in profit, the inclination to take profits has added further selling pressure. Uncertainty Surrounding a Potential Spot ETF Another factor weighing on XRP’s performance is the lingering uncertainty surrounding the approval timeline for a potential spot ETF . While there is optimism about regulatory progress, delays or unclear regulatory signals continue to restrain investor enthusiasm. The lack of decisive movement on this front adds to the cautious outlook, especially at a time when macroeconomic pressures are already destabilizing the broader crypto market. XRP’s decline today is the result of multiple converging factors. A restrained monetary policy stance by the Federal Reserve, aggressive trade tariffs introduced by the U.S., large-scale liquidations, and cautious investor behavior have collectively driven the price downward. Unless there is a reversal in macroeconomic policy tone or a concrete regulatory catalyst, XRP may continue to face headwinds in the near term. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Major Reasons Why XRP Is Down Today appeared first on Times Tabloid .
