NEW YORK, March 9, 2026, 13:26 EDT
XRP hovered near $1.37 Monday in New York, rising roughly 2%. Still, the token lagged behind bitcoin, ether and solana, as fresh flow figures pointed to outflows from XRP-focused investment products.
The outflows stand out, especially since crypto as a whole continued to pull in cash. On Monday, a rougher macro backdrop emerged: oil spiked to $119.50 a barrel, bonds slumped, and the dollar climbed. Investors grew anxious that an extended Iran conflict might stoke inflation and lock in higher rates.
Funds linked to digital assets pulled in a total of $619 million last week, according to CoinShares. The exception: XRP. It was “the only major asset to see meaningful outflows,” with $30.3 million exiting XRP investment products. Bitcoin didn’t have that problem—$521 million came in, while ether picked up $88.5 million and solana added $14.6 million, James Butterfill, head of research at the firm, said. CoinShares Research Blog
Early afternoon saw bitcoin trading close to $68,781, with ether at roughly $2,023 and solana sitting near $84.95. XRP lagged, missing out on the market’s stronger bounce.
Markets wobbled throughout. Brent crude spiked up to 28% before paring back, Reuters said. Rabobank strategist Lyn Graham-Taylor described the action as “much more like in panic mode,” with investors zeroed in on the energy-driven inflation shock. Reuters
Crypto markets feel that pressure almost instantly. “When geopolitical risk rises this quickly, institutions reduce exposure to risk assets,” said Jonatan Randin, senior market analyst at PrimeXBT. Nima Beni, founder of Bitlease, called the late-week decline position-cutting, not a sign of fading conviction. Decrypt
The next move could hinge more on crude prices than anything Ripple-specific. G7 finance chiefs floated the idea of tapping emergency oil reserves, which cooled prices from their peak. Still, Jefferies economist Mohit Kumar flagged that if oil stays above $100 for months, equities may face a much steeper correction. For XRP, that scenario puts Monday’s $1.33 low back in the crosshairs.
XRP’s price still reacts sharply to regulatory news, with its primary legal threat only just cleared. In August 2025, the SEC wrapped up its lawsuit against Ripple, dropping appeals after a deal that settled on a $125 million penalty and a ban on institutional sales. That resolved one of crypto’s longest legal disputes.
