{"id":15506,"date":"2025-11-07T18:33:04","date_gmt":"2025-11-07T18:33:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/heres-why-the-xrp-price-fell-despite-key-ripple-news\/"},"modified":"2025-11-07T18:33:13","modified_gmt":"2025-11-07T18:33:13","slug":"heres-why-the-xrp-price-fell-despite-key-ripple-news","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/heres-why-the-xrp-price-fell-despite-key-ripple-news\/","title":{"rendered":"Here\u2019s why the XRP price fell despite key Ripple news"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The XRP price has remained on edge this week despite significant developments, including a $500 million investment, Ripple USD growth, and a partnership with Mastercard and Gemini.\u00a0<\/p>\n<div id=\"cn-block-summary-block_7d1860af006a3936b7e368ae636d7069\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XRP price retreated this week despite having some notable developments.<\/li>\n<li>Ripple Labs received a $500 million investment from Citadel and Fortress.<\/li>\n<li>The Ripple USD stablecoin crossed the $1 billion asset milestone.\u00a0<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ripple (XRP) token $2.2590, down by ~40% from its highest level this year and 10% below its weekly high.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">XRP price drops despite key news<\/h2>\n<p>Ripple is enjoying a highly successful week. The company secured a $500 million investment from Citadel and Fortress, valuing it at $40 billion. This funding makes it one of the largest companies in the crypto industry and twice as big as Circle.\u00a0<\/p>\n<p>Ripple USD (RLUSD), its stablecoin, continued to grow and crossed the $1 billion metric for the first time ever. Notably, the milestone happened close to one year after its launch. It is now the third-largest GENIUS Act-compliant stablecoin, after USDC and PayPal USD.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Ripple Labs also inked a deal with Mastercard, WebBank, and Gemini to introduce RLUSD settlement on the XRP Ledger for credit card payments. This was a major deal because Mastercard is the second-biggest payment processing company in finance.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Ripple Swell: We\u2019re collaborating with <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/Mastercard?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Mastercard<\/a>, WebBank, and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/Gemini?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Gemini<\/a> to introduce <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24RLUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$RLUSD<\/a> settlement on the XRP Ledger for fiat credit card payments, starting with the Gemini XRP Credit Card: <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/36yoNBtM9f\">https:\/\/t.co\/36yoNBtM9f<\/a><\/p>\n<p>This initiative sets a new benchmark for institutional\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/7UVhCTfuo0\">pic.twitter.com\/7UVhCTfuo0<\/a><\/p>\n<p>\u2014 Ripple (@Ripple) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/Ripple\/status\/1986117183580049546?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">November 5, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The other major XRP news was that Bitwise made a crucial filing with the SEC. This is a sign that it plans to launch its XRP ETF soon. The fund will join the REX-Osprey XRP Fund, which has accumulated over $112 million in assets.<\/p>\n<p>Therefore, the XRP price dropped amid broader weakness in the crypto market<strong> <\/strong>as Bitcoin and Ethereum also fell. While some tokens like Zcash, ICP, and Dash rose, most of them were down this week.\u00a0<\/p>\n<p>The coin also wavered as the weighted funding rate has remained in the negative zone. A negative funding rate is a sign that investors anticipate the future price will be lower in the future than where it is today.<\/p>\n<p>XRP\u2019s open interest has also dropped to $3.5 billion, down from over $10 billion in August. This is a sign that investors are staying on the sidelines.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">XRP price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Ripple price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily timeframe chart shows that the XRP price has been in a downward trend in the past few months. It has formed a descending channel and is now slightly above the lower side.\u00a0<\/p>\n<p>The token has remained below the 100-day Exponential Moving Average. This is a sign that bears are in control for now.\u00a0<\/p>\n<p>On the positive side, it has formed a double-bottom pattern at $2.1656 and a neckline at $2.60. Therefore, there is a likelihood that it will rebound and possibly hit the upper channel boundary at $2.65.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The XRP price has remained on edge this week despite significant developments, including a $500 million investment, Ripple USD growth, and a partnership with Mastercard and Gemini.\u00a0 Summary XRP price&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15506"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15506\/revisions"}],"predecessor-version":[{"id":15507,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15506\/revisions\/15507"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11566"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}