SpaceX IPO Liquidity Rush Presses XRP Lower in Crypto Market Rotation
Ripple’s XRP again declined (about 2.4%) as crypto markets clear riskier assets in a macro rotation ahead of SpaceX’s June 13 IPO, a dynamic that’s pulling capital from digital assets. Bitcoin hovered near $60,000 while XRP sat around $1.10, with traders watching key levels to gauge further selling as liquidity shifts toward the marquee listing and away from speculative crypto bets.