XRP price hits 90-day low as death cross widens further

CoinWorld reported: XRP price dropped by more than 3.9% to $1.69, expanding its weekly decline to 11.33%, and hit a 90-day low after a recent death cross. Affected by the overall cautious market sentiment, trading volume fell by 20.74% to $4.02 billions. Despite the sell-off, on-chain data shows that whales are still accumulating, suggesting possible capital rotation rather than selling. Notably, Barstool Sports founder Dave Portnoy purchased $1 million worth of XRP, stating that this is a strategy to buy during market downturns.