XRP's token price fell 1.4% on Friday amid broader crypto market declines, even after the debut of its first spot ETF. Investors are pulling back from risky assets due to economic uncertainties and geopolitical tensions. The ETF launch failed to spark the expected rally.
On November 14, 2025, XRP's token price continued its downward trend, dropping 1.4% over the past 24 hours as of 1:40 p.m. ET. This decline mirrors broader market pressures, with Bitcoin down 2.9% and Ethereum off 1.7% at the same time. However, XRP showed some recovery momentum later in the trading session.
The sell-off stems from macroeconomic and geopolitical concerns driving investors away from speculative assets like cryptocurrencies. Traders had anticipated another Federal Reserve interest rate cut next month, but missing U.S. inflation and unemployment data—due to a government shutdown—has heightened fears that such a cut might not materialize. Additionally, indicators point to a weakening economy.
Geopolitical risks added to the unease. This morning, a Chinese official warned Japan of a 'crushing' defeat should it intervene militarily in any Chinese attempt to seize control of Taiwan.
Despite these headwinds, the launch of the Canary XRP ETF on Thursday was expected to act as a major bullish catalyst. Yet, it has not generated sustained support for the token. As a result, XRP is down roughly 1% over the last week and 37% from its recent high, prompting some investors to reduce their exposure.