After a historic rally across the crypto market, digital assets are taking a breather. Bitcoin (BTC), Ethereum (ETH), and XRP (Ripple) have all pulled back, driven by a slowdown in ETF inflows and a wave of profit-taking. While some view this as a natural correction, others caution that further volatility may lie ahead.
ETF Demand Weakens, Pressuring Bitcoin Price
Bitcoin price has seen a modest retreat following weeks of strong gains. A key factor behind the shift is a decrease in ETF inflows, which had previously fueled bullish momentum. As institutional appetite softens, traders are locking in gains, creating a short-term supply overhang.
XRP Price Sees Steepest Drop Among Majors
Among major altcoins, XRP price appears to be hit hardest by the correction. With sentiment turning cautious, XRP’s recent rally has lost steam. Despite the pullback, analysts still consider it part of a healthy market cycle, especially following strong recent gains.