XRP Slides 3% as Bitcoin Pullback Overshadows Record ETF Launch

XRP endured a volatile 24-hour session from September 21 at 03:00 to September 22 at 02:00, swinging 3.46% between a $3.014 high and $2.910 low. The selloff coincided with the debut of the first U.S.-listed XRP ETF, which set records with $37.7 million in opening-day volume, but institutional profit-taking overwhelmed the bullish catalyst. NEWS BACKGROUND • First U.S.-listed XRP ETF launched September 21, generating $37.7 million in day-one volume — the largest ETF debut of 2025. • Federal Reserve policy easing remains in focus, with markets pricing near-certain September rate cuts that typically support digital assets. • Analysts warn of structural consolidation despite ETF momentum, with resistance persisting near $3.00. PRICE ACTION SUMMARY • XRP fell 3.46% during the 24-hour period, collapsing from $3.01 to $2.91 before closing at $2.92. • Midnight crash drove price from $2.973 to $2.910, unleashing 261.22 million in volume — quadruple daily averages. • Liquidations totaled $7.93 million during the rout, with 90% hitting long positions. • Final 60 minutes saw XRP rebound from $2.92 to $2.94, only to retreat back to $2.92, creating a…