XRP at a Crossroads: ‘Wick or Brick’ Could Decide the Next Macro Move
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Crypto markets plunged as Bitcoin dipped to $61,000 earlier this morning, the lowest in four months, dragging altcoins into deeper losses. Ripple's XRP slid from above $1.55 a few weeks ago to just under $1.10 today after a rejection around $1.50, its lowest level since before the US presidential elections in late 2024, underscoring token performance risk and short-term downside for crypto adoption and market confidence.
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Crypto markets are in shambles again, with bitcoin dipping to $61,000 earlier this morning for the first time in four months. Although some alts managed to withstand the calamity at first, they have joined the ride with even more profound losses.
Ripple’s XRP is no exception. The asset stood above $1.55 just a few weeks ago, but the subsequent rejection drove it south hard. It plunged to just under $1.10 today, which marked its lowest price position since before the US presidential elections in late 2024.
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