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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.

Atua AI, cutting-edge startup specialized in intelligenza artificiale solutions, has announced a strategic move that integrates the potential of criptovaluta XRP into its technological ecosystem. The goal? To offer scalable, efficient, and blockchain-based automation tools for businesses worldwide. In the rapidly evolving landscape of digital technologies, a new synergy promises to redefine the boundaries of business automation. Atua AI aims to address a growing market need: to automate complex business processes with speed, security, and transparency. To achieve this, the company has chosen to build its solutions on the XRP Ledger (XRPL), the blockchain network associated with the cryptocurrency XRP, developed by Ripple.

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.