The promising start to 2026 has been quickly forgotten as the entire crypto market, as well as many other financial fields, has posted significant losses over the past couple of weeks, which only intensified during the weekend.

Ripple’s XRP was among the top performers by January 6 when it surged by 30% in days to a multi-week peak. However, the rejection at that point was quite brutal, and the token dumped by nearly 40% to a $1.50 low marked over the weekend. It bounced off to $1.67 on Sunday, only to be driven south below $1.55 earlier today.

The promising start to 2026 has been quickly forgotten as the entire crypto market, as well as many other financial fields, has posted significant losses over the past couple of weeks, which only intensified during the weekend.

Ripple’s XRP was among the top performers by January 6 when it surged by 30% in days to a multi-week peak. However, the rejection at that point was quite brutal, and the token dumped by nearly 40% to a $1.50 low marked over the weekend. It bounced off to $1.67 on Sunday, only to be driven south below $1.55 earlier today.