XRP Drops 5% After CNBC Calls It 'Hottest Trade of 2026'
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Market Reaction: XRP dropped 5% after CNBC labeled it the 'hottest trade of 2026', falling from approximately $2.25 to $2.20, indicating market sensitivity to media narratives that may impact investor confidence.
- Institutional Interest: Despite the price decline, positive inflows into U.S.-listed XRP ETFs suggest growing institutional demand, indicating that the market remains optimistic about XRP's long-term potential.
- Lack of Official Data: Sparse official communications from Ripple and CNBC mean that market reactions are primarily based on speculation and analysts' interpretations, lacking direct evidence to substantiate the media's claims.
- Historical Comparison: This situation mirrors the 2017 XRP bull run driven by media coverage, highlighting the significant role of media narratives in market dynamics, even when the asset's fundamentals remain unchanged.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
