XRP Attracts Massive $1.2 Million Inflows Amid Bitcoin Exodus

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XRP triggers inflows as Bitcoin sees staggering $904 million in outflows

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The recent inflow into XRP is not just a routine occurrence but a signal of a broader sentiment shift among cryptocurrency investors. While Bitcoin has seen outflows totaling $904 million, XRP has managed to attract $1.2 million, showcasing the altcoin's rising appeal.' most recent report, digital asset investment products had record weekly outflows of $942 million, the first such after a record seven-week run of inflows totaling $12.3 billion.

At the time of writing, XRP was up 0.92% in the last hour to $0.638. The XRP price has steadily ticked higher since Friday's drop to a low of $0.598. XRP will mark its third consecutive day of gains if today closes in the green, having reached intraday highs of $0.6422 in today's trading session.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.

 

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