Why Is Ripple’s (XRP) Price Up Today: September 25

XRP is among the top performers among the largest altcoins on September 25. Why is that? The popular cross-border token continues with its highly volatile trading sessions, but today it’s in the right direction. After yesterday’s slump to under $1.50, the asset has rebounded swiftly and now sits over 6.5% higher than it was 24 hours ago. Here are some of the possible reasons why and what’s next. ETF Inflows Keep Rocking Although the entire market tanked yesterday, XRP’s nosedive was quite painful on its own, as the asset was violently rejected at $1.65 and slumped to under $1.50 within 24 hours. Today’s situation is rather similar in terms of more profound price moves, but in the opposite direction. BTC is up by 1.6% today, similar to BNB, while ETH has gained under 2.5%. XRP stands out with a daily surge of 6.6% as of press time and now sits at $1.55 after rebounding from the key $1.50 support. This rather notable volatility has not deterred investors gaining exposure to the asset through the spot Ripple ETFs. Despite the sluggish start with $0.00 in reportable data on Monday, the funds went on a roll in the following three days, attracting $20.02 million on Tuesday, $18.04 millio...