XRP price drops 5% after-hours as Ripple token rally cools; ETF flows, jobs report ahead
8 January 2026
1 min read

XRP price drops 5% after-hours as Ripple token rally cools; ETF flows, jobs report ahead

NEW YORK, Jan 7, 2026, 17:43 (EST) — After-hours

  • XRP fell 4.8% to $2.18, after trading between $2.17 and $2.32.
  • Spot XRP ETFs have pulled about $1.3 billion since launching in November, DL News reported, citing SoSoValue data. 1
  • Investors are looking to Friday’s U.S. jobs report after ADP reported a weaker-than-expected rise in private payrolls. 2

XRP fell nearly 5% on Wednesday, giving back some of its early-2026 run as a broader dip hit major cryptocurrencies. The token was last down 4.8% at $2.18.

The pullback lands as fresh money into XRP-linked “spot” exchange-traded funds — ETFs that hold the underlying token — becomes the main test for the market. Canary Capital’s spot XRP ETF, XRPC, began trading on Nasdaq on Nov. 13, ETFdb reported. Data compiled by SoSoValue show spot XRP ETFs have attracted about $1.3 billion since launching in November, DL News reported. 3

Macro headlines did not help. ADP said private payrolls rose 41,000 in December, and Carl Weinberg, chief economist at High Frequency Economics, called it “a relatively slow pace” of hiring. The ADP estimate often diverges from the government’s tally; a Reuters poll showed economists expect Friday’s report to show payrolls rose 60,000, with unemployment at 4.5%. 2

Bitcoin slid about 2.2% to $90,995 and ether fell 3.7% to $3,149, underlining the retreat across crypto. U.S. stocks ended mixed after touching intraday records, with the S&P 500 closing lower while the Nasdaq edged up on strength in a handful of AI names. 4

Katherine Dowling, president of Bitcoin Standard Treasury Company, said XRP “has the most to gain” from the Digital Asset Market Clarity Act, legislation aimed at defining how crypto assets are regulated. The bill, H.R.3633, was referred to the Senate in September, Congress’ website shows. 1

Banks are pushing closer to the trade as well. Morgan Stanley filed on Tuesday to launch ETFs tied to bitcoin and solana prices, and Morningstar’s Bryan Armour said the move could bring in more late entrants. “A bank entering the crypto ETF market adds legitimacy to it,” Armour said. 5

On charts, XRP moved in a tight band, with a high of $2.32 and a low of $2.17. Traders will watch whether it can hold above that low; if it breaks, the $2.00 level comes back into play fast.

But the story is still fragile. ETF inflows can flip quickly, and crypto has traded like a rate-sensitive risk asset; a surprise in Friday’s data, or the Supreme Court’s expected ruling on President Donald Trump’s global tariffs, could jar sentiment again. 2

Next up is the U.S. Employment Situation report at 8:30 a.m. ET on Friday, followed next week by the December consumer price index on Jan. 13, the Labor Department’s schedule shows. 6

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