XRP hits $1.08, a 19‑month low, as hot jobs data sparks $1B long wipeout; XRP ETFs post record May inflows

XRP printed $1.08 on June 5. That’s a 19‑month low after a 172,000 U.S. jobs print fanned Fed rate fears and fueled over $1B in crypto long liquidations in 24 hours.

Bitcoin dropped to $59,100. XRP fell with it, now ~69% below the July 2025 high of $3.65. It then stabilized at $1.12–$1.16, up ~7% from Friday’s trough. See price context on TradingView.

Source: XRP ETF flows / SoSoValue

Spot XRP ETFs took in $131.94M net in May 2026, the strongest month since launch, per SoSoValue. Another $4.13M arrived in early June, the same week price set that 19‑month low. Cumulative inflows now total $1.43B.

ETF mechanics matter. Inflows reflect authorized participants creating units, which are backed by spot XRP and can reduce exchange float. But these positions can be reversed. Inflows don’t set a floor on timing.

The flow split is stark. Over the same stretch, Bitcoin ETFs saw $4.4B out across 13 straight sessions, and Ethereum ETFs lost $401M over 17 days, per the article’s tally (Coinspeaker). A lone $3M BTC ETF inflow on June 4 ended the streak, but the source called it too small to signal reversal.

Policy is the swing factor. The CLARITY Act would classify XRP as a commodity under U.S. law. The bill passed Senate Banking in May and reached the Senate calendar on June 1, per the article. Standard Chartered projects $4–8B in additional XRP ETF inflows by year‑end if it passes before the August recess. That timeline isn’t assured.

Source: XRPUSD / TradingView

What to watch next, per the article:

• Short‑squeeze setup if macro cools and ETF inflows persist. A sustained daily close above $1.30, then a reclaim of $1.40 on volume, confirms.
• Range trade if BTC holds $60–65K and no Senate floor vote is set. XRP consolidates near $1.10–$1.25.
• Downside if BTC tests $55K (64% probability cited by the article), implying ~$1.05 for XRP; at $50K (51% probability), XRP breaks $1.00, with supports near $0.95 and $0.75–$0.85. A daily close below $1.08 on elevated volume plus ETF inflow reversal confirms.

Lead indicator across all paths: weekly XRP ETF flows. A turn from inflows to outflows signals the accumulation thesis is unwinding. Continued inflows through price weakness deepen the divergence and strengthen the eventual upside case.