Bitcoin pulls cryptomarkt down-XRP crashes despite ETF launch

XRP did not start the new week well and Bitcoin follows a fall in price of more than 3 percent. The token of Ripple seemed to act strongly above the support of 3 dollars, but has since lost that border. The successful ETF launch in the United States could not change that.

ETF of XRP breaks record

On September 19, the Rex-Osprey XRP ETF launched with a trade volume of $ 37.7 million. With that, the ETF of XRP can call itself the most successful launch of 2025 in terms of volume.

In that respect it is clear that there is also interest in Ripple and XRP on Wall Street. It becomes interesting to see if it can continue these impressive volumes at the start of the new week.

For the time being, the answer to that issue seems negative, because the week of course has not started very strongly. That can sometimes set the tone for sentiment on Wall Street.

Important moment for XRP course

The most important thing for the XRP race is that it can pick itself back and climb over 3 dollars again this week.

For the time being, however, the token acts a sturdy 4 percent lower at $ 2.88. This means that there is even a decrease of almost 6 percent for XRP in the past week.

Hyperliquid and Dogecoin are in the top 10 the big losers with price falls of 8.42 and 7.32 percent.

The cryptomarkt is not yet able to take advantage of the interest reduction of the US central bank. In any case, that is clear.

Since last Wednesday’s interest rate, the 10-year interest rate has also risen in the United States. The market therefore seems to have no confidence in the power of the central bank to reduce the longer interest rates.