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news-imageFebruary 3, 2025

XRP Price Nearly Drops 38%, Liquidation Hits 6-Month High

XRP, once on the verge of reaching a new all-time high, has recently charted a two-month low. This shift comes amid widespread bearish market conditions, leading to massive liquidations among XRP holders.
Publisher: BeInCrypto
Sentiment: Negative
XRP

More News Articles

Neutral
cover-imageBenzinga
February 3, 2025

Bitcoin, Ethereum, XRP Dip Leaves Crypto Industry Unfazed: 'We're Going A Marathon,' Expert Says

The violent crypto dip in the early Monday morning hours has done little to rattle optimism in the industry, which remains focused on the long-term potential of the technology rather than short-term price fluctuations. What Happened: Speaking with Benzinga at the Digital Asset Summit in London, several speakers and attendees appeared relatively unfazed by what had unfolded earlier in the day.

Negative
cover-imageUToday
February 3, 2025

Sell or Hold? What Bollinger Bands Say About XRP

The last 24 hours on the crypto market have been anything but pleasant, prosperous, rational and lucrative. With $2.2 billion worth of liquidations in perpetual futures alone, and a total of at least $8 billion liquidated, according to ByBit's CEO, almost every digital asset took a hit in its price.

Neutral
cover-imageUToday
February 3, 2025

XRP Whales Do Not Care About 40% Drop: XRP Blockchain Shows

Investor confidence was shaken by XRP's sharp 40% drop, but on-chain data indicates that big holders are unconcerned. The fact that XRP's payment volume, number of active accounts and burned fees are all comparatively stable despite the steep sell-off suggests that whales might not be in haste to sell.

Negative
cover-imageCoinPedia
February 3, 2025

Why XRP Price is Down Today? How Low Can XRP Crash?

The news of Trump's Tariff war and Ripple's 400 million XRP unlock, valued at around $1.136 billion has instantly shaken the market, sending XRP's price plummeting by over 24.6% in just 24 hours. XRP has dropped over 15% amid the recent crypto market crash, with a top expert predicting a further drop to $1.90.

Negative
cover-imageUToday
February 3, 2025

29,532,534 XRP Tranfer Stuns Top US Crypto Exchange

The combined crypto market cap dropped by 7.355 in the past 24 hours to $3.13 trillion, with Bitcoin (BTC), Ethereum (ETH) and XRP in the spotlight. With XRP down by over 17.7% in 24 hours, there are lingering signs of a sell-off by the coin's holders.

Negative
cover-imageThe Currency Analytics
February 3, 2025

XRP Price Drops 24.6% After Ripple Unlocks $1.1 Billion in Tokens

Ripple's recent token release from escrow has sparked a significant market reaction, with XRP's price falling sharply by 24.6% in the past 24 hours. On February 1, Ripple unlocked 400 million XRP tokens, valued at about $1.136 billion, which caused a notable downturn in the cryptocurrency's value.

Positive
cover-imageThe Motley Fool
February 3, 2025

Should You Buy XRP (Ripple) While It Trades Under $3?

XRP (XRP -22.84%) is the native cryptocurrency on the XRP Ledger, a blockchain built by technology company Ripple to enable faster and cheaper cross-border transactions. XRP soared about 500% in the past year, but its price has also declined 15% during the last two weeks, such that the cryptocurrency currently trades at $2.88 as of Feb. 1.

Neutral
cover-imageThe Currency Analytics
February 3, 2025

Ripple Locks 700 Million XRP Tokens in Escrow: Price Impact Ahead

Ripple Labs has recently made waves in the cryptocurrency world by locking 700 million XRP tokens into escrow, a move that has captured the attention of traders and investors alike. This action, taken on February 2, 2025, comes amid a rough period for the cryptocurrency market, raising the question: what does this mean for XRP's price, and should investors be concerned?

Negative
cover-imageCoinPedia
February 3, 2025

XRP Price Crash 24.6% After Ripple Unlocks $1.1 Billion in Tokens

Yesterday, Ripple unlocked at least 400 million XRP, valued at around $1.136 billion. In the last 24 hours alone, the price of XRP has dropped by over 24.6%. What Actually Happened in the XRP Market? As part of Ripple's routine monthly token release from escrow, yesterday, at least 400 million XRP, worth nearly $1.

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