在過去24小時內，Ripple（XRP）價格下跌5.2％，週六以2.31美元的價格交易

週五，Ripple（XRP）落後於更廣泛的加密集會，受到宏觀湍流和新鮮部門特定風險的壓力。

Despite a stellar Friday that saw Donald Trump’s 50% tariff threat on the EU spark institutional demand for Bitcoin, (BTC) to record highs, and crypto exchange deposits hit 16-month highs, crypto prices are starting the weekend in the red.

儘管週五表現出色，但唐納德·特朗普（Donald Trump）對歐盟Spark機構對比特幣（BTC）的關稅威脅（BTC）錄製了高點，而加密貨幣兌換押金達到16個月的高點，加密貨幣價格仍在周末開始。

Bitcoin price slid below the $108,000 key level on Saturday, with BTC price now down 4.6% over 24 hours to trade at $107,388.55 at the time of press.

比特幣的價格滑低於週六的108,000美元密鑰水平，而BTC價格在24小時內下跌了4.6％，在新聞發佈時交易的價格為107,388.55美元。

However, is the bull market over yet? Not quite. According to Coinshares data, Bitcoin’s price smash to new all-time highs (ATHs) of $111,807 was also driven by $934 million in daily ETF inflows.

但是，牛市還結束了嗎？不完全。根據Coinshares數據的數據，比特幣的價格粉刷為111,807美元的新歷史最高點（ATHS）也受到每日ETF流入的9.34億美元的驅動。

This is the second-highest daily total since Coinshares began tracking crypto products in January 2023.

這是自Coinshares於2023年1月開始跟踪加密產品以來的第二高每日總數。

But while BTC price slid despite the stellar macro backdrop and record institutional demand, the main takeaway was that short-term traders were rapidly closing out positions.

但是，儘管BTC的價格下跌，儘管宏觀的宏觀背景和創紀錄的機構需求，但主要的收穫是短期交易者正在迅速結束職位。

Indeed, derivatives data shows a 1.47% decrease in XRP open interest to $4.89 billion.

實際上，衍生品數據顯示，XRP開放利息下降了1.47％，至48.9億美元。

This comes as traders quickly booked profits on Friday’s price swings, capitalising on the 56.6% price increase in Bitcoin price since mid-March.

這是因為交易者在周五的價格波動中迅速預訂了利潤，從而利用了自3月中旬以來比特幣價格上漲56.6％的利潤。

Its price is now up 5.2%, making it the worst-performing top-five asset by market cap. In comparison, BTC, ETH, SOL, and BNB all posted daily timeframe losses that were capped below 5% at the time of publication.

它的價格現在上漲了5.2％，使其成為市值表現最差的前五資產。相比之下，BTC，ETH，SOL和BNB均發布了每日時間損失，在發佈時限制低於5％。

Why Is XRP Price Down Today?

為什麼今天的XRP價格下跌？

The decline in XRP price comes amid increasing concerns about Ripple’s ability to compete in the global stablecoin market, especially after JPMorgan (NYSE:JPM) is leading a group of four legacy banks in the creation of a new Wall Street-native digital dollar project.

XRP價格下跌之所以越來越多，因為對Ripple在全球Stablecoin市場中競爭的能力越來越擔心，尤其是在JPMorgan（NYSE：JPM）領導一組四家傳統銀行來創建新的華爾街街頭新聞數字美元項目之後。

According to the Wall Street Journal, the largest U.S. banks—JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo—are in the planning stages of launching a joint USD-backed stablecoin.

根據《華爾街日報》的報導，美國最大的銀行 - 美國銀行，花旗集團和富國銀行的jpmorgan Chase，正處於推出聯合美元支持的Stablecoin的計劃階段。

This initiative will reportedly leverage the infrastructure of premier blockchain providers, including Early Warning Services and The Clearing House, to facilitate faster payments and seamless cross-border transactions.

據報導，該倡議將利用包括預警服務和清算室在內的主要區塊鏈提供商的基礎設施，以促進更快的付款和無縫的跨境交易。

However, this move could see Wall Street institutions claim a larger share of the market from existing stablecoins launched by crypto firms.

但是，此舉可能會使華爾街機構聲稱來自加密貨幣公司推出的現有穩定幣的市場份額更大。

Earlier this year, Ripple launched its own U.S. dollar-backed stablecoin, named “RLUSD,” on both the XRP Ledger and Ethereum.

今年早些時候，Ripple在XRP Ledger和Ethereum上推出了自己的美元支持的Stablecoin，名為“ Rlusd”。

Backed 1:1 by U.S. dollar reserves and short-term treasuries, RLUSD serves as the payment and liquidity backbone for RippleNet and its On-Demand Liquidity (ODL) product suite, which are used by institutional players.

RLUSD由美元儲備和短期紀念品提供後1：1，用作Ripplenet及其按需流動性（ODL）產品套件的付款和流動性骨幹，由機構參與者使用。

At the time of publication on May 24, Ripple’s native stablecoin now has a circulating capital of $310 million, according to the latest RLUSD data from CoinGecko.

根據Coingecko的最新數據，在5月24日出版時，Ripple的本地Stablecoin現在擁有3.1億美元的循環資本。

But the emergence of a “Wall Street stablecoin” backed by the top four U.S. banks threatens to diminish RLUSD’s rapidly growing market dominance, especially among institutional players.

但是，由美國排名前四的銀行支持的“華爾街Stablecoin”的出現可能會減少RLUSD迅速增長的市場優勢，尤其是在機構參與者中。

What’s Next For XRP Price Action As Open Interest Dips Below $5B?

XRP價格行動的下一步是開放利息下降到$ 5B以下？

The 24-hour liquidations data from Coinglass also highlights the strong bear momentum, with $14.88 million in XRP longs liquidated and $1.02 million in shorts liquidated from the $15.89 million total positions closed.

來自Coinglass的24小時清算數據還突出了強大的熊動力，XRP Longs的1,488萬美元，從1589萬美元的總職位上銷售的1002萬美元的短褲。

The 12-hour window alone saw $5.02 million in long positions liquidated. This suggests that a majority of the recent sell pressure came from long traders getting caught off guard by the JPMorgan news.

僅12小時的窗戶就看到了502萬美元的長位置。這表明，最近的大部分賣壓力都來自長期交易者被摩根大通新聞措手不及。

If XRP’s open interest continues to decline toward $4.5 billion, we could see the spot price action testing key support levels at $2.20 and $2.10.

如果XRP的開放利息繼續降至45億美元，我們可以看到現貨價格行動測試的關鍵支持水平為2.20美元和2.10美元。

On the upside, Bitcoin’s current consolidation above $108,000 provides a favorable macro backdrop. If XRP price manages to stabilize above $2.30 over the weekend, Bitcoin’s steady consolidation above $108,000 could offer a technical buffer for XRP bulls in the near term.

從好的方面來說，比特幣的當前合併超過$ 108,000提供了有利的宏觀背景。如果XRP價格在周末設法穩定在2.30美元以上，則比特幣的穩定合併超過$ 108,000可以在短期內為XRP Bulls提供技術緩衝。

Technically, a recovery toward $2.45 seems possible if XRP manages to hold the $2.20 support and derivatives open interest manages to reclaim the $5 billion level.

從技術上講，如果XRP設法持有2.20美元的支持和衍生品開放利息設法收回50億美元的水平，則可以回收2.45美元。

The post Ripple (XRP) Price Plunges 5.2% as Short-Term Traders Close Positions Quickly - Bitcoin Hits New ATH of $111,807, But Is the Bull Run Over Yet? appeared first on CryptoSignals.com.

隨著短期交易者迅速關閉職位，Post Ripple（XRP）價格下跌了5.2％ - 比特幣以111,807美元的價格擊中了新的ATH，但公牛還跑了嗎？首先出現在cryptosignals.com上。