XRP
Why XRP is down 4.2% today
Analysis
XRP fell 4.2% over the past 24 hours amid signs of heavy selling pressure, highlighted by a reported ~$70 million sell-off occurring within seconds as the price struggled to recover, which likely weighed on sentiment and liquidity (U.Today). Broader “crash”/rebound timing commentary around XRP and BTC also points to a still-fragile market backdrop, reinforcing downside pressure rather than a sustained bounce (CryptoPotato).
Contributing Factors (3)
BTC and XRP Crash Over? Analyst Pinpoints Exact Rebound Timeline
The timeframe might be shorter than you expect.
XRP Sees $70 Million Sell-Off in Seconds as Price Struggles to Recover
XRP continues to plunge as large token offloads continue to fuel selling pressure. The asset saw over $70 million worth of its token dumped on Bybit.
Goldman Sachs’ Crypto Portfolio: BTC, ETH, XRP, and SOL Holdings Revealed
The investment bank's positions are through crypto ETFs, not direct token holdings.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.