XRP News Today: Ripple Token Down as Iran Denies Trump’s Push For Talks

XRP (XRP) gave up part of its intraday gains on Tuesday as the US–Iran war dragged further despite President Donald Trump’s push for talks.

The Ripple-associated token dropped by more than 3.50% from its weekly high to $1.41, mirroring corrections across the risk assets, including other top cryptocurrencies and global stocks.

Iran Denies Trump’s Peace Talk Claims

Traders navigated conflicting headlines around the US-Israeli war against Iran. Optimism briefly rose on Monday after Trump hinted that hostilities could ease, citing what he called productive talks.

But that sentiment quickly faded after Iran denied that any meaningful discussions had taken place. The Wall Street Journal reported that US allies in the Persian Gulf may join the campaign against Tehran.

The XRP futures market witnessed $5.73 million in total liquidations amid the seesaw price moves, with traders with short leverage suffering the most with $4.11 in liquidations, data from CoinGlass showed.

Open interest in XRP markets rose to $2.39 billion from $2.33 billion during the liquidations, while funding rates were net positive, indicating that traders were willing to bet on an extended price recovery.

Long-Dated US Yields Hit 5%, Weighing on XRP

The US 20-year Treasury yield traded around 4.96%–4.98% on Tuesday after touching an intraday high above 5.00% a day ago.

The move keeps the long end of the Treasury curve under pressure as investors continue to price in war-linked inflation risk, a heavier term premium, and tighter financial conditions.

That backdrop is typically negative for speculative assets because higher long-dated yields raise discount rates and reduce appetite for duration-heavy trades.

📉 US 20-YEAR YIELD — BREAK ABOVE 5%

Current level:
5.008% (+0.54%)

This matters because:
➡️ 5% is a psychological macro threshold
➡️ Long-end yields drive equities, crypto, gold, and growth stocks

And the move on your chart is impulsive, not gradual.

📊 WHAT THIS MOVE MEANS… pic.twitter.com/am0wkS6WBu

— Emmanuel – Big Tech & AI Investor (@EmmanuelInvest) March 23, 2026

XRP is especially exposed in that setup: even when it benefits from token-specific catalysts, a sustained break above 5% in the 20-year yield would likely reinforce broader macro selling pressure across altcoins.

Binance Whale Outflows Drop to Lowest Since February

XRP whale withdrawals from Binance have fallen sharply, with the Binance Whale Outflow (SUM 30D) index declining to about 1.25 billion-1.28 billion XRP, its lowest level since early February.

The drop suggests large holders are pulling fewer tokens off the exchange after weeks of relatively stable activity. In market terms, that may signal weaker conviction among whales, as coins left on exchanges are generally seen as more available for sale.

The slowdown is notable because XRP is still trading at relatively subdued levels, pointing to a cautious wait-and-see stance rather than aggressive accumulation. If the trend persists, it could leave XRP more exposed to near-term selling pressure.

Rising Wedge Breakdown Risks 20% XRP Price Dip

XRP is trading within a rising wedge on the daily chart, a structure formed by higher highs and higher lows that gradually tighten into a narrowing range.

The pattern comes after a sharp decline, which makes it a typical bearish continuation setup rather than a recovery signal. Price is now pressing against the wedge’s lower boundary near $1.40, while upside attempts are capped near $1.55-$1.60.

A daily close below support would confirm the breakdown and shift focus to the $1.12-$1.15 region, near the February bottom. Until that trigger appears, XRP remains in consolidation inside a fragile rebound structure.