XRP Faces Extreme Fear as Institutional Investments Surge

XRP faced selling pressure due to market turbulence linked to US tariff threats on the EU. The cryptocurrency dropped into the "extreme fear" zone as retail traders increased bearish commentary.

XRP fell from $2.4 on Jan. 5 to $1.88 on Jan. 21, marking a 19% decrease.
Despite negative sentiment, XRP often gains after strong bearish sentiment from the crowd is observed.
Currently trading at $1.95, XRP rose by 2% in the past 24 hours with a 22% increase in trading volume to $4.3 billion.

XRP's Institutional Movements

Spot XRP exchange-traded funds in the US recorded a net inflow of $7.16 million on Jan. 21, totaling $1.39 billion in net inflows.
In contrast, Bitcoin spot ETFs saw a $708.71 million outflow, while Ethereum products had a $286.95 million net outflow on the same day.
Ripple formed a strategic alliance with DXC Technology to integrate blockchain into existing banking systems via DXC’s Hogan core banking platform.
This partnership supports over $5 trillion in deposits and 300 million accounts worldwide, increasing institutional confidence in Ripple's technology.