XRP Traders Anticipate Price Increase

XRP has been leading losses in the cryptocurrency market as traders speculate on a potential Federal Reserve rate hike. According to recent data, large withdrawals have been observed from exchanges, possibly indicating that investors are anticipating a price increase for XRP. This development comes amidst a broader trend of increased futures volume, with $11.37 billion traded in the last 24 hours. The XRP/RLUSD price has seen a decline of -1.61% over the past day, trading at 1.4101 RLUSD. The on-ledger volume for XRP has reached 5,577,036 XRP, with 72,995 trades executed in the last 24 hours. The XRPSync validator is currently operating at ledger #106,571,811, maintaining a high uptime of 98.76%.