The last 24 hours on the crypto market have been anything but pleasant, prosperous, rational and lucrative. With $2.2 billion worth of liquidations in perpetual futures alone, and a total of at least $8 billion liquidated, according to ByBit's CEO, almost every digital asset took a hit in its price.
Although the recent positive regulatory developments for Ripple have reinforced investors' bullish conviction in XRP, a popular analyst is suggesting that the dream of the altcoin reaching as high as $10,000 is overly optimistic.
The crypto market corrections caused the XRP price to plunge hard from a high of around $3.12 to a low below $1.8. With this, the token lost over $10 billion in its market capitalization, further flushing out of the top 3 cryptos as Tether reclaims its position.
Solana & XRP ETF excitement is growing, but another undervalued ERC-20 token could outshine them all. Discover why investors are spotlighting this promising token.
Here's the thing about crypto – it is never boring. Last week, digital asset investment products pulled in 527 million inflows, but it was not all that smooth.
Investor confidence was shaken by XRP's sharp 40% drop, but on-chain data indicates that big holders are unconcerned. The fact that XRP's payment volume, number of active accounts and burned fees are all comparatively stable despite the steep sell-off suggests that whales might not be in haste to sell.
Charles Hoskinson, the founder of Cardano (ADA), recently shared details on the possibility of implementing a RLUSD and his discussions with key figures in the crypto space. Hoskinson revealed that negotiations are still ongoing and that progress could be made in March, following the completion of the NYDFS project.
Standard Chartered‘s Head of Digital Assets Research Geoffrey Kendrick on Monday advised against buying the dip in cryptocurrencies until outright back-end U.S. Treasury yields come lower. What Happened: In a note to Benzinga, Kendrick stated that the current sell-off differs significantly from the previous one.
The news of Trump's Tariff war and Ripple's 400 million XRP unlock, valued at around $1.136 billion has instantly shaken the market, sending XRP's price plummeting by over 24.6% in just 24 hours. XRP has dropped over 15% amid the recent crypto market crash, with a top expert predicting a further drop to $1.90.
The market has started with the dump of most of the coins, according to CoinMarketCap.
The meteoric rise of XRP price during the fourth quarter of 2024 has significantly reduced year-to-date as the Donald Trump-induced crypto rally cools down.
The crypto market has been pummeled as Donald Trump's tariffs shock the markets, sending an array of assets spiraling. Bitcoin (BTC) is down nearly 7% over the past 24 hours after struggling to stay above $100,000.
The crypto market is experiencing significant instability, and XRP is bearing the brunt of it. Indeed, the asset linked to Ripple has plunged by 25%, reaching an unprecedented low in several weeks.
The cryptocurrency market is experiencing a tough period, with many digital assets facing significant price declines. XRP is one of the hardest-hit tokens, showing a sharp drop of over 20% in just the last 24 hours.
Crypto exchange-traded products (ETPs) recorded a fourth straight week of inflows, bringing in $527 million last week, according to CoinShares‘ latest report. James Butterfill, the head of research at CoinShares, said that market sentiment fluctuated significantly throughout the week, shaped by broader economic concerns.
XRP price has been on the investors' radar lately amid the ongoing crypto market crash. However, a top market expert has revealed key levels for Ripple's native crypto, predicting a potential crash to below $2.
Federal Reserve chair Jerome Powell has flung the door open for Wall Street to further adopt bitcoin and crypto
In a post on X , attorney Jeremy Hogan from Hogan & Hogan P.A.—well-known within the XRP community for his legal insights on the ongoing Ripple vs.
Buying the dip after a massive liquidation flush and higher demand for stablecoin could fuel growth in bitcoin and the broader crypto market, some say.
Ripple's recent token release from escrow has sparked a significant market reaction, with XRP's price falling sharply by 24.6% in the past 24 hours. On February 1, Ripple unlocked 400 million XRP tokens, valued at about $1.136 billion, which caused a notable downturn in the cryptocurrency's value.
XRP experienced a 22% price drop to $2.23 despite analyst predictions of potential growth to $70, with market data showing mixed signals across trading metrics.
XRP rebounds 35% after Trump's tariff-induced crypto crash, mirroring past capitulation events that led to 1,000% rallies.
XRP's price has plunged 24.6% in a day, sparking fears of a total collapse.
XRP (XRP -22.84%) is the native cryptocurrency on the XRP Ledger, a blockchain built by technology company Ripple to enable faster and cheaper cross-border transactions. XRP soared about 500% in the past year, but its price has also declined 15% during the last two weeks, such that the cryptocurrency currently trades at $2.88 as of Feb. 1.
XForceGlobal Analyst Anticipates Ripple Price Breakout Amid Whale Interest in Binance and Elluminex
The collapse, however, was followed by a rebound, and it did not affect the bulk of the gains at the end of 2024.
Ripple Labs has recently made waves in the cryptocurrency world by locking 700 million XRP tokens into escrow, a move that has captured the attention of traders and investors alike. This action, taken on February 2, 2025, comes amid a rough period for the cryptocurrency market, raising the question: what does this mean for XRP's price, and should investors be concerned?
The cryptocurrency market has currently drifted into the severe red zone and There's been a significant drop in altcoins, especially with Ethereum, XRP, ADA and others seeing massive liquidations in minutes. A staggering $2 billion worth of liquidations have happened within 24 hours.
Charles Hoskinson, the founder of Cardano (ADA) and CEO of Input Output Global (IOG), delivered a wide‐ranging AMA on February 2, 2025, covering potential partnerships with the Internet Computer Protocol (ICP), Cardano's stablecoin strategies, Bitcoin interoperability, and ongoing initiatives with various countries.
The crypto market has plunged into the fear zone of the crypto fear and greed index, sliding to sentiment levels last seen in October 2024. A mix of fresh U.S.
The cryptocurrency community is abuzz with anticipation regarding XRP's future price trajectory. Egrag Crypto, a market analyst, anticipates that XRP will experience a significant increase in value, with a potential 70% increase.
Yesterday, Ripple unlocked at least 400 million XRP, valued at around $1.136 billion. In the last 24 hours alone, the price of XRP has dropped by over 24.6%. What Actually Happened in the XRP Market? As part of Ripple's routine monthly token release from escrow, yesterday, at least 400 million XRP, worth nearly $1.
XRP has lost its positioning as the third-largest crypto asset once again.
According to data provided by crypto analytics platform CoinGlass, a whopping $2.21 billion worth of crypto has been liquidated over the past 24 hours.
XRP, dogecoin (DOGE) and Cardano's ADA fell more than 25% to reverse all of the gains since December, reaching pre-U.S. election levels from early November.
Attorney and founder of Crypto Law, John Deaton, took to his social media and warned that the fight against crypto is far from finished. Deaton said that the SEC's case against Ripple went beyond just targeting the company—it also claimed that XRP itself was a security, ignoring 75 years of legal precedent.
Ether got wrecked. The second-biggest crypto by market cap plunged 26.53% on Monday in Asia, falling to $2,135, according to Bloomberg data.
XRP price started a major decline below the $3.00 zone. The price is down over 25% and there was a spike below the $2.00 support zone.
Market jitters rise as US tariffs drive XRP lower. Will the SEC's next move spark a recovery or deepen losses?
On February 3, the bears gripped the cryptocurrency market, as investors were reacting to Trump's sweeping tariifs. The global crypto market cap crashed by over 12% to $3.01 trillion. Donald Trump's decision to immediately impose tariffs on Canada, Mexico, and China sent shockwaves through the crypto markets.
XRP fell 10.40% on Sunday, trading at $2.6573 by 12:25 (17:25 GMT) on the Investing.com Index. This marked its steepest one-day drop since December 9, 2024.
The XRP price collapsed hard on Monday as the crypto and stocks meltdown gained steam. Ripple dropped from a high of $3.3970 in January to a low of $1.7753. So, what next for the price of Ripple? XRP price prediction The weekly chart shows that the XRP token peaked at $3.
Cryptocurrency markets are in the red today, with major coins including Bitcoin, experiencing price declines. XRP has been hit the hardest, with its price dropping over 20% in the last 24 hours. The price has now dropped below its previous key support level of $2.52 and is now trading at $2.41.
XRP closed below the 26 EMA, a crucial support level in robust uptrends, for the first time this year. This break indicates a possible change in momentum and a rise in bearish pressure.
Ripple (XRP) price fell as low as $2.60 on Sunday February 2, down 17% in 3 consecutive losing days, on-chain data suggests whale accumulation and long-term approach from retail traders. Will XRP price stage an early rebound as US Canada trade war flares.
On Feb. 2, 2025, XRP oscillated at $2.57 to $2.61 over the last hour, its market valuation eclipsing $150 billion alongside a $12.19 billion daily turnover. Intraday fluctuations spanned $2.52 to $2.95 per XRP, mirroring intense volatility as supply overwhelmed demand.
A crypto strategist known for making timely Bitcoin (BTC) and altcoin calls believes XRP is in a precarious spot as the coin struggles to stay above a key price level. Pseudonymous analyst DonAlt tells his 640,100 followers on the social media platform X that XRP has lost its immediate support at $2.