XRP Holds $1.30 Support Amid Bitcoin Rally and US Tariff Uncertainty

XRP is currently defending the $1.30 support level following a 3% gain in the last 24 hours, bolstered by Bitcoin’s (BTC) rebound to the $66,000 mark. While the broader crypto sentiment has improved, new reports indicate a weakening in XRP ETF flows and retail demand, contrasting with previous resilience. Additionally, global markets are grappling with uncertainty stemming from potential 10% temporary US tariffs on trade partners for a 150-day period. These emerging headwinds are challenging the previous bullish narrative as institutional interest appears to be cooling. Investors are now closely monitoring whether the general market recovery can offset the specific decline in XRP demand and new geopolitical risks. This shift reflects a more cautious outlook for the digital asset compared to earlier projections. Macroeconomic policy and trade developments remain the key drivers for price action in the near term.