XRP Price Holds Tight as Goldman Sachs ETF Holdings Plunge
Ripple (XRP) price held at $1.50 on Monday, underperforming the broader cryptocurrency market’s positive price action following a sharp rally.
With about $6.8 billion in transaction value, XRP trading volume has increased slightly to about 5% in the last 24 hours as investors continue to boost holdings.
The market remains strong, with top cryptocurrencies posting strong gains. Bitcoin price has topped $78k, Ethereum is above $2.48k, Binance Coin is holding at approximately $704, and XPR is holding at $1.50.
The total cryptocurrency market capitalisation grew by 0.81% to $2.70 trillion across a 24-hour trading volume of $109.6 billion.
In a report, Goldman Sachs’ Form 13F filing with the U.S. SEC shows that it held 5 spot XRP ETFs with an aggregate value of approximately $86.5 million.
The current holding suggests a decline in…
