Ripple Price Stabilizes Amid Ongoing US-Iran Tensions

Ripple's price has maintained its support level of $1.35 amid a broader recovery in crypto markets.

The improvement in sentiment can be attributed to optimism over a potential US-Iran ceasefire deal, which could lead to the reopening of the Strait of Hormuz and an end to the blockade on Iranian ports.

According to SoSoValue data, institutional investors have been steadily increasing their risk exposure through spot Exchange-Traded Funds (ETFs) for three weeks. Last week's fund inflows totaled approximately $22 million, following $61 million the previous week and $34 million the week before that.