XRP’s price dropped nearly 40%, sliding from $2.35 to around $1.40. The move marks a sharp one-day decline that has drawn attention from traders and investors. This price action underscores rising volatility in the broader crypto market and may influence near-term sentiment around XRP.

Investors are weighing broader crypto market dynamics, as volatility remains elevated across digital assets. This price action could influence near-term sentiment and positioning around XRP.

As liquidity adjusts to swift price moves, traders will look for catalysts that could spur further moves in XRP. Analysts caution that prices may remain choppy until a clear driver emerges.

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