Bitwise Reenters XRP Market After Period of Inactivity
Bitwise Asset Management has resumed XRP purchases after five days of no trading activity.
Bitwise Asset Management has resumed XRP purchases after five days of no trading activity. Bitcoin (BTC) is trading at ₹73,66,748 ($77,307.00), down 0.5% since this brief published. This is an original Token Times brief based on reporting by U.Today, with live market data added, as of Fri, 30 Oct 2026 12:00:01 UTC.
The move suggests renewed institutional interest in XRP, potentially signaling a shift in sentiment towards the cryptocurrency following a period of market inactivity.
- Bitwise has purchased additional XRP after five days of no trading.
- The move indicates potential renewed institutional demand for XRP.
- XRP is currently trading at $1.26, down 2.75% in the last 24 hours.
Bitwise Asset Management has resumed purchasing 
XRP after a five-day period of no trading activity, as reported by U.Today. This move suggests a potential return of institutional interest in the cryptocurrency.
The purchase comes amid a broader market downturn, with the total crypto market cap at $2.68 trillion and 
Bitcoin experiencing a 3.06% drop in the last 24 hours. XRP, the cryptocurrency in focus, is also down by 2.75% over the same period.
The decision by Bitwise to top up its XRP holdings could be seen as a strategic move, indicating confidence in the asset despite the current market conditions. This development is particularly noteworthy given the recent period of inactivity.
The broader context includes the Fear & Greed index standing at 30, indicating a 'Fear' sentiment in the market. This suggests that while there may be some institutional interest, the overall market sentiment remains cautious.
Investors will be watching for further signs of institutional activity and how XRP's price reacts in the coming days. The key levels to watch include the recent trading range and any potential support or resistance levels.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹74,06,007.96$77,719.00 to ₹73,66,747.61$77,307.00 — -0.53%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.11M (about $77,307.00), down 3.5% over 24 hours. The rupee itself trades about 10.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Bitwise Reenters XRP Market After Period of Inactivity — questions & answers
Why did Bitwise resume XRP purchases?
The exact reason is not specified, but it suggests renewed institutional interest in XRP.
What is the current price of XRP?
XRP is trading at $1.26, down 2.75% in the last 24 hours.
How does this affect the broader market?
The move indicates potential shifts in institutional sentiment but occurs during a period of overall market decline.
How much is 1 Bitcoin worth in rupee today?
About ₹8.11M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $77,307.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.53% since this brief first published — trading at ₹73,66,748 ($77,307.00) now versus ₹74,06,008 ($77,719.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from U.Today. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.