币界网报道:XRP News Today: Crypto Market Sentiment Remains Bearish as Funding Rates Hit 0.005% The broader cryptocurrency market continues to face bearish sentiment, with XRP trading at $0.47 amid declining open interest and subdued funding rates. Data from Coinglass shows XRP’s funding rate at just 0.005%, reflecting weak speculative demand. Open interest has dropped by 1.5% to $460 million, signaling reduced trader engagement. Despite this, XRP maintains its position as the seventh-largest cryptocurrency by market cap at $25.9 billion. Analysts note that while Bitcoin and Ethereum show slight recoveries, altcoins like XRP struggle to gain momentum. The ongoing Ripple vs. SEC case remains a key factor influencing XRP’s price, with investors awaiting further legal developments. Market observers suggest that a break above $0.50 could reignite bullish interest, but current conditions favor caution. Derivatives traders exhibit minimal leverage, with perpetual swap funding rates staying near neutral levels. The broader crypto market’s uncertainty, driven by macroeconomic factors and regulatory concerns, continues to weigh on XRP’s short-term prospects.