The XRP price has tumbled by around 2% in the past hour, resulting in total losses of about 8% in the last day.Funding rates on XRP derivatives positions are currently positive, indicating the prevailing sentiment in the market.The broader crypto market is also declining, with Bitcoin's price down by around 1% on the day.Altcoins like Dogecoin (DOGE) and Cardano (ADA) are experiencing considerably higher losses.