© Reuters.

XRP (XRP) price is down today, akin to declines witnessed elsewhere in the cryptocurrency market.

XRP price dropped nearly 1.5% to $0.50 on Sep. 5, underperforming the broader crypto market, which fell about 1% in the same period. The drop coincided with the ‘s (DXY) rise. The dollar’s correlation with cryptocurrencies has been consistently negative since July.

versus crypto market capitalization’s daily performance chart. Source: TradingView
XRP supply among whales. Source: Santiment
XRP/USD daily price chart. Source: TradingView