NEW YORK, January 5, 2026, 03:48 ET — Market closed
- XRP was up about 3% at around $2.14 in early trade, tracking a broader lift in major cryptocurrencies.
- U.S.-listed XRP exchange-traded funds (ETFs) — stock-market wrappers that track the token — jumped about 8% in the last session.
- Traders are watching whether XRP holds the $2 level as U.S. payrolls data due Jan. 9 looms over rate expectations. Reuters
XRP traded above the $2 mark early Monday, up about 2.9% at $2.14, as the crypto market started the week on a firmer footing.
The move matters because XRP is testing a level that traders have treated as a line between range-bound trade and a renewed push higher, while U.S.-listed products tied to the token have made it easier for investors to take exposure through brokerage accounts. DropsTab
Macro risks are also back in focus after a holiday lull. Markets are bracing for U.S. data that can shift expectations for interest-rate cuts, which often influences appetite for risk assets such as cryptocurrencies. Reuters
XRP’s 24-hour range ran from roughly $2.07 to $2.16, according to market data. Bitcoin rose about 1.2% to $92,449 and ether added about 0.8% to $3,160.
In U.S. stock trading on Friday, the Grayscale XRP Trust ETF (GXRP) gained about 8.3% to $38.47, while the Bitwise XRP ETF (ticker: XRP) rose about 8.1% to $22.20, data showed.
ETF flows have become a key watchpoint for XRP after the launch of spot XRP ETFs in late 2025. SoSoValue data cited by Phemex showed U.S. spot XRP ETFs recorded $43.16 million of net inflows in the week from Dec. 29 to Jan. 2, with Franklin’s XRP ETF (XRPZ) leading weekly additions. Phemex
Technically, traders are watching whether XRP can hold above $2.00; a drop below about $1.96 would risk pulling the token back into its prior range, DropsTab reported. DropsTab
The next macro catalyst is the U.S. employment report due on January 9, followed by the consumer price index on January 13, according to Reuters. “Softening in the labor market has really given the Fed good cover to change their outlook about reducing rates,” said Eric Kuby, chief investment officer at North Star Investment Management. Reuters
But the setup cuts both ways. A stronger-than-expected payrolls or inflation print could push bond yields higher and sap demand for higher-risk corners of the market, while any reversal in ETF flows would test the durability of the latest bounce. Reuters
XRP is a cryptocurrency token used on the XRP Ledger, while products such as GXRP and Bitwise’s XRP ETF offer stock-like exposure for investors who prefer regulated exchange trading. Grayscale’s fund lists on NYSE Arca, its website shows. Grayscale Funds
