XRP hovers around $1.01, down 0.6% on the day, trapped below all key moving averages including the 200-day SMA at $1.31. Daily trading volume declined from $905M to $885M, signaling waning trader interest. A Coreum-XRP bridge exploit drained roughly 200,000 XRP through a fake deposit scheme, prompting an emergency bridge shutdown and FBI involvement. Traders are watching the September-October window for potential CLARITY Act regulatory clarity, with critical support at $1.00 at risk of breaking toward the $0.90s.
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