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XRP Spot Volume Declines by $1.94B Amid Rise in Futures Trading

XRP Spot Volume Declines by $1.94B Amid Rise in Futures Trading

XRP spot trading activity has collapsed in recent times despite the recent recovery above $1.40, showing reduced interest among spot traders. However, while the spot market is seeing a decline in volume, futures trading remains strong, and this has led to questions about how much of XRP's recovery comes from demand in the spot market and how much is influenced by speculative trading.

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XRP Most Consequential Week Is Still 15 Days Away, and Bears Want to Strike First

XRP Most Consequential Week Is Still 15 Days Away, and Bears Want to Strike First

XRP is trading around $1.40, as the cryptocurrency attempts to recover from its recent lows, but bears continue to dominate the 4-hour chart. The next two weeks could be critical for XRP's price direction, as the Federal Reserve's interest rate decision and Ripple's biggest-ever Swell conference are both scheduled for the final week of October.

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