XRP faces price pressure as rising Treasury yields dampen risk appetite

XRP traded near $1.37 on September 1 as increasing Treasury yields reduced investor interest in risk-on assets. The broader market experienced a pullback, with Bitcoin holding in the $77,000 range and Ethereum remaining above $2,400. While XRP benefited from inflows within the ETF sector, this demand proved insufficient to fully offset the downward pressure caused by the bond market sell-off.