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XRP Faces More Downside Pressure? Binance CVD Reveals Sellers Are Still in Control

Picture: CryptoPotato

Two troubling headlines rattled the crypto market over the past day. Nvidia CEO Jensen Huang admitted to an affair with a woman suspected by US officials of spying for China. Meanwhile, Marco Rubio said Iran negotiations had stalled. Several top assets suffered significant pullbacks; XRP, for one, fell by almost 7% over the past 24 hours. As the struggle near $1.1 continues, CryptoQuant’s Cumulative Volume Delta (CVD) indicator on Binance stands at approximately -4.33 million XRP. The negative reading means market sell orders are outweighing market buy orders, indicating a bearish bias in trading activity.

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