XRP price crashed below a crucial support level today, May 28, as liquidations in the crypto industry. It also plunged amid the ongoing US-Iran tensions, and as investors rotated to the fast-growing space and artificial intelligence industries. Ripple dropped to $1.2723, its lowest level since February. XRP price crashes as ETF inflows stall Ripple’s price retreated sharply, mirroring developments in the broader crypto industry. Bitcoin, the biggest coin, dropped below $73,000, while the valuation of all tokens plunged by over 3%. Data shows that demand for XRP ETFs has slowed. These funds had no inflows or outflows on Wednesday. That is better than Bitcoin, which suffered a $700 million outflow on the same day.
Source: Read the original article

