XRP Price Plummets 10% in Broad Crypto Market Sell-Off

XRP Experiences Significant Price Drop

XRP recorded a significant downturn, with its price falling 10.02% to $1.4404 according to the Investing.com Index. This marks the largest single-day percentage loss for the digital asset since October 10, 2025, reflecting substantial selling pressure in the market.

Market Metrics and Performance

The sharp decline reduced XRP's market capitalization to $87.7660B, accounting for 3.64% of the total cryptocurrency market. Over the past 24 hours, XRP traded within a range of $1.4312 to $1.5136. The asset has lost 23.22% of its value over the last seven days. Despite the drop, its 24-hour trading volume stood at $5.1528B.

Impact on the Broader Cryptocurrency Market

The downward trend was not isolated to XRP, indicating a wider market rout. Bitcoin, the leading cryptocurrency, fell by 7.58% to $70,822.7. Similarly, Ethereum saw a loss of 7.61%, trading at $2,104.31. This synchronized decline highlights bearish sentiment across the entire digital asset sector.

Summary

The cryptocurrency market is currently experiencing a significant correction, with major assets including XRP, Bitcoin, and Ethereum posting considerable losses. Investors will be closely monitoring key technical levels and market sentiment for signs of stabilization or further declines.

FAQ

Q: What was the extent of XRP's daily loss?
A: XRP fell by 10.02% on the day, representing its largest one-day percentage loss since October 10, 2025.

Q: How did other major cryptocurrencies perform?
A: Other major cryptocurrencies also experienced losses, with Bitcoin down 7.58% and Ethereum down 7.61%, indicating a market-wide sell-off.

Source: Investing.com