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news-imageFebruary 28, 2025

XRP Crashes Under $2 Amid $918 Million Crypto Sell-off: Details

XRP, the fourth largest cryptocurrency, has fallen below $2 for the first time in weeks as the overall crypto market suffers a sharp downturn. The latest market bloodbath has triggered a staggering $952 million in crypto liquidations over the last 24 hours, according to CoinGlass data.
Publisher: UToday
Sentiment: Negative
XRP

More News Articles

Negative
cover-imageBenzinga
February 28, 2025

XRP Down 22% In 7 Days: How Low Will It Go?

XRP (CRYPTO: XRP)is down 22% over the past seven days, but traders see signs of a potential relief rally if sentiment around Ripple remains positive. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.14 $124.3 billion -2.6% -17.9% Bitcoin (CRYPTO: BTC) $83,826.89 $1.7 trillion -2.1% -14.1% Ethereum (CRYPTO: ETH) $2,216.48 $267.4 billion -4.7% -18.2% Trader Notes: Ali Martinez, a crypto chart analyst, noted that XRP's TD Sequential indicator is flashing a buy signal, indicating a possible rebound.

Negative
cover-imageThe Currency Analytics
February 28, 2025

XRP's Downtrend: Key Levels to Watch in March 2025

XRP has been facing significant bearish pressure, with the cryptocurrency down nearly 30% in the past 30 days and trading below $3 for most of February. Recent trends in market indicators suggest the continuation of this downtrend, but there are potential signs of a reversal if key factors align in XRP's favor.

Positive
cover-imageZycrypto
February 28, 2025

Ripple Next? SEC Officially Withdraws Securities Lawsuit Against Coinbase

Coinbase is in the clear after the U.S. Securities and Exchange Commission (SEC) followed through on its agreement and voluntarily dropped its enforcement case against the crypto exchange. The move further distances the Commission from its previous stance that the vast majority of crypto tokens were securities requiring registration.

Negative
cover-imageBenzinga
February 28, 2025

Bitcoin Plummets Below $80,000, Ethereum, XRP, Dogecoin Get Hammered As Crypto Crash Continues

Bitcoin (CRYPTO: BTC) continues to tumble, falling as low as $78,433 in early Friday morning hours amid a record streak of spot Bitcoin ETF outflows. What Happened: According to data from SoSoValue, U.S. spot Bitcoin ETFs have seen $3.2 billion in net outflows over an eight-day period, matching the longest negative streak since their debut.

Neutral
cover-imageUToday
February 28, 2025

XRP: No Death Cross on Horizon

With its price falling by almost 7% in the last day, XRP is under tremendous market pressure. However, there is a bright spot: the dreaded death cross is not yet imminent.

Positive
cover-imageInvezz
February 28, 2025

Should you buy $5,000 worth of Cardano or XRP to make $50,000 when ADA and XRP ETFs get approved?

As institutional giants like Grayscale Investments and CoinShares seek regulatory permission for exchange-traded funds (ETFs) linked to Cardano and XRP, the cryptocurrency market is humming with activity. Many investors wonder whether committing $5,000 to ADA or XRP would produce a $50,000 return, given the possibility of significant increases upon approval.

Negative
cover-imageThe Currency Analytics
February 28, 2025

XRP Futures Open Interest Hits 2025 Low: Traders Pull Back

XRP is currently facing a major shift in market sentiment, with Futures Open Interest (OI) experiencing a significant decline. After peaking at $7.62 billion on January 18, 2025, XRP's OI has dropped to just $3.02 billion, nearing its lowest level of the year.

Negative
cover-imageCoinPedia
February 28, 2025

XRP Price Prediction For February 28

The ongoing trade and tariff wars, particularly with China, are causing bearish sentiment in the market. Both the stock market and crypto assets like Bitcoin are showing significant declines. This week, Bitcoin ETFs saw massive outflows. On Monday, over $500 million left, followed by a staggering $11 billion outflow on Tuesday, the largest in history.

Positive
cover-imageBitcoinist
February 28, 2025

Ripple Expands In South Korea With Major Partnership

Ripple has announced a strategic partnership with BDACS, a prominent digital asset custody firm in South Korea, on Thursday. The collaboration aims to advance institutional-grade custody services and expand the digital asset ecosystem, particularly for XRP and RLUSD, within the country's evolving regulatory landscape.

Negative
cover-imageThe Currency Analytics
February 27, 2025

XRP Holds $2 Support – A Deeper Pullback Could Be Coming

Ripple's XRP has managed to hold onto its critical $2 support level, but the market's current volatility and weak retail participation have raised concerns. While bullish signals are emerging, XRP's price action faces a crucial test as market sentiment remains cautious.

Negative
cover-imageBeInCrypto
February 27, 2025

Will XRP Drop Below $2 In March 2025?

XRP is correcting by almost 30% in the last 30 days, with its price trading below $3 for nearly a month. The Directional Movement Index (DMI) shows a strong downtrend, with the Average Directional Index (ADX) surging above 35, indicating increased bearish momentum.

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