Bitcoin and other major cryptocurrencies endured steep losses as global financial markets reeled from escalating trade tensions. The post BTC, SOL, XRP Drop 20% — Billionaire Bill Ackman Calls for 90-Day Pause on Trump's Tariffs appeared first on Cryptonews.

XRP price is staging resilience in the broader market, as the sustained selloff from Trump's reciprocal tariff announcement is still biting risk assets.

Over the past 24 hours, $XRP has taken a tremendous hit. It has dropped by over 22% from its $2.14 high to its current $1.65 level.

With an abrupt sell-off, XRP has fallen over 11% in the last day and broken through its 200 EMA support level at $1.19. The asset is currently trading below $1.70, indicating a very bearish reversal and raising the prospects of adding a zero — a term used in the cryptocurrency community to describe a sharp decline in price to a lower decimal threshold.

XRP has lost more than $20 billion in market capitalization in the past 24 hours, per data retrieved by Finbold from CoinMarketCap.

Ripple (XRP) remains at the forefront of cryptocurrency discussions, as rising optimism about regulatory clarity and innovative payment solutions could propel its price to $10 in the coming weeks. Ripple's integration of its RLUSD stablecoin is bolstering its ecosystem, making XRP a favorite among both retail and institutional investors.

Ethereum, Solana, and other major altcoins took a beating on Monday as the entire crypto market dropped more than 13%, following a big selloff in Asian markets, leading to more than $1 billion in liquidations.

Amid the growing trend of real-world asset (RWA) tokenization, industry heavyweights like Ripple CEO Brad Garlinghouse and XRP lawyer John Deaton weigh in on the matter. While commenting on the potential tokenization of RWAs, the XRP lawyer expressed his thoughts on Bitcoin and crypto.

David Schwartz, the CTO of blockchain payments firm Ripple Labs Inc., has reacted to CNBC broadcaster Jim Cramer's market commentary. Different market reactions have followed the ongoing global sell-off on the stock market, which removed over $5 trillion from the S&P 500 in two days over the past week.

Global financial markets suffered a severe beating after US President Donald Trump made a sweeping tariff declaration, with cryptocurrency XRP being one of the assets that recorded sharp price falls. The digital currency dropped from $2.20 to $1.75 during widespread selling pressure in both conventional and crypto markets.

Assessing altcoins' next move amid renewed Trump tariff fears and macro uncertainty.

There haven't been many dull moments in the cryptocurrency industry lately. The Trump administration took over in January, and there has been a monumental pivot to a much more pro-cryptocurrency approach.

XRP, the fourth-largest cryptocurrency by market cap, has plunged to $1.65, its lowest level since November 2024, losing nearly 30% in the past month. The broader market is also on edge, with fears of a U.S. trade war sparking sell-offs across stocks and risky assets.

XRP dropped to its lowest mark since November 2024.

Ripple believes the UK has the potential to become a global crypto leader if it acts swiftly to implement clear and comprehensive regulations.

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“We expect crypto markets to dip once US markets open,” one trader said.

XRP price has crashed below a crucial support level, risking further downside as the crypto meltdown gains steam. It plunged to a low of $1.7020 on Monday morning, its lowest level since November last year. It has retreated by over 50% from its highest point this year, erasing billions of dollars in value.

XRP price is crashing today, April 7, due to trader concerns about a Black Monday event following President Trump's aggressive tariffs and trade policies. At press time, Ripple was down by 15% to trade at $1.80, which is its lowest price in two months.

After hinting at possible stability last week, the wider crypto market – led by Bitcoin (BTC) – will be on the defensive side in the coming days. In the past 24 hours, the crypto market recorded heavy losses, with total forced liquidations of $1 billion, whereby the majority were long traders.

Amid the major crashes that have rocked the crypto market in recent times, the XRP price has succumbed to bears. The cryptocurrency has pushed back over 30% from its $3.2 high of January 2025, leading investors to believe that the end of the decline is near.

XRP, ADA, DOGE Tokens Drop Below Critical Price Supports Amid 'Economic Nuclear War'

Joe Weisenthal, the co-host of Bloomberg's "Odd Lots" podcast, has observed that significant XRP price spikes tend to mark a local top for Bitcoin.

Traders are scrambling to figure out if the sudden bitcoin price correction could escalate into a full-blown market crash

The global cryptocurrency market has taken a significant hit, with the total market cap dropping to $2.46 trillion, marking a 7.79% decrease in the last 24 hours. This downturn comes amid growing macroeconomic concerns, particularly rising interest rates, which have sparked fears of instability across financial markets.

XRP price started a fresh decline below the $2.00 zone. The price is now consolidating and might face hurdles near the $1.880 level.

XRP has taken a major hit, dropping more than 15% and falling below the crucial $2 mark. This sharp decline is part of a broader market correction affecting major cryptocurrencies. Bitcoin has slid below $78,000, and Ethereum is now trading under $1,600 after a 15% crash, hinting that the entire crypto market is under pressure.

A cascade of liquidations might suggest a market turning point, where a price reversal could be imminent due to an overreaction in market sentiment.

Big news from the SEC—Acting Chair Mark Uyeda has asked the team to take a fresh look at how the government is currently handling crypto risks and regulations. This comes as part of an effort to align with Executive Order 14192, which focuses on cutting red tape and making regulations more business-friendly.

XRP, one of the markets most closely watched altcoins, is currently stuck in a phase of low volatility and weak momentum, particularly when paired against Bitcoin. While the weekly candlestick chart doesnt signal panic, it does suggest a quiet yet persistent downward trend a slow grind that technical indicators are beginning to confirm.

XRPs recent bullish momentum appears to be fading as it struggles to maintain support above the crucial $2.00 level. After bouncing from $1.95a key level aligning with the 200-day EMAXRP surged toward the $2.20$2.30 resistance zone.

David Schwartz, Chief Technology Officer at Ripple, recently revealed he sold several stocks at a loss to take advantage of tax-loss harvesting. The move comes amid a massive market downturn that wiped out over $6 trillion in just two daysmarking one of the worst sell-offs in U.S. stock market history.

Ethereum (ETH) and XRP are showing bearish trends heading into the weekend, according to CoinStats data. ETH has slipped nearly 1% in the last 24 hours, now trading at $1,794.

XRP continues its downward trend as buyers fail to sustain recent market growth, according to CoinStats data. The popular altcoin is down 2% in the last 24 hours and has declined by 3.95% over the past week, signaling growing bearish sentiment.

Rising with a startling 280% increase in Q4, XRP made headlines in Q4 2024. The surge was not random. It started with a special convergence of market catalysts: Donald Trump's comeback to the presidency, a consistent Federal Reserve policy, and a large flow of institutional investors looking for safe havens in digital assets.

With XRP down 39% since January, legal uncertainty, ETF prospects, and a looming global trade war weigh heavily on investor sentiment.

The markets are getting smashed across the board this week after Bitcoin, Ether, XRP, the S&P 500, and the Dow Jones all dropped hard in the same breath. The crash followed a violent sell-off in U.S. equities tied directly to President Donald Trump's new global tariffs, which kicked in just days ago.

XRP just dipped under the critical $2 level, triggering alarm bells across the market. With key support broken and a wave of outflows dragging prices lower, is this the start of a major crash or just a temporary panic?

Cryptocurrency prices were mixed last week after President Donald Trump announced his reciprocal tariffs and Federal Reserve Chairman Jerome Powell warned about stagflation.

Both assets have actually retraced in the past 24 hours.

XRP moved 275,000 tokens during Bitcoin's stagnation, signaling potential market shift or upcoming sell-offs.

The leading cryptocurrency exchange, Coinbase, is seeking to explore the possibilities of introducing an XRP futures contract to its customer base. In an announcement on X, formerly Twitter, Coinbase derivatives disclosed that it had filed to self-certify XRP-based futures.

XRP holds steady at $2.05, with a market capitalization of $119 billion and a 24-hour trading volume of $1.87 billion. Over the past day, it has fluctuated between $2.05 and $2.16, while the weekly range spans from $1.97 to $2.19.

It's not often that a widely-followed altcoin like XRP enters a stretch of performance so flat and directionless that the only thing really moving is its technical support line — but that is roughly where things stand now, particularly when viewed against Bitcoin.

Blockchain firm Ripple has called on UK policymakers to seize the moment and position the country as a global leader in digital assets.

Ripple's decline has stalled at the critical $2 support level, with price action remaining subdued. This suggests low market activity, leading to a short-term consolidation phase.

XRP becomes notably bullish in the derivatives market.

XRP might be on the verge of a potential price breakout targeting the $3 spot based on its short-term technical setup.