India, Aug. 1 -- XRP opened August under pressure as investors remained cautious amid fresh regulatory uncertainty and weakness across the broader cryptocurrency market. On Saturday, August 1, Ripple's native token traded near $1.06, extending its recent decline as traders reacted to delays in US crypto legislation, a cautious Federal Reserve outlook and slowing market momentum.

Although XRP continues to hold above the important $1.00 psychological level, analysts say sentiment remains fragile as investors await clearer regulatory and macroeconomic signals.

XRP Price Today (01 August)

XRP traded at approximately $1.065 on August 1, down around 1.52% over the previous 24 hours. The cryptocurrency remained under selling pressure as the b...