Why is XRP Dropping? Factors Behind the Recent Decline

1 day ago  · As such, the market has reacted by driving down the price of XRP. Related: Ripple XRP and Bank of America: Big Claims, Fewer Answers. Broader Market Conditions. Also, …


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Why XRP Is Going Down: Key Reasons Behind The Recent 8% Drop …

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Dec 9, 2024  · XRP, the cryptocurrency closely associated with Ripple, experienced a sharp 8% drop today, bringing its price down to $2.36. This unexpected dip, the steepest in over two …

coinpedia.org

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Why XRP Is Sinking Today - The Motley Fool

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Jan 7, 2025  · Meanwhile, the price of Bitcoin was down 5.4%, and the price of Ethereum was down 8.2%. XRP's token price is falling in conjunction with the latest round of economic data …

fool.com

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Why Is XRP Down Today? Crypto Market Performance For Jan. 8

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6 days ago  · XRP price chart via CCData. The recent crypto market drop, which helped 24-hour liquidations top $690 million according to CoinGlass, and seemingly comes as a result of …

cryptoglobe.com

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Why XRP Is Sinking Today - Yahoo Finance

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Jan 7, 2025  · XRP (CRYPTO: XRP) is losing ground in Tuesday's trading. Meanwhile, the price of Bitcoin was down 5.4%, and the price of Ethereum was down 8.2%. XRP's token price is …

yahoo.com

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Why Is XRP Price Down Today: What’s Next For Ripple’s Price?

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Dec 30, 2024  · XRP, the popular cryptocurrency associated with Ripple, dropped to $2.04 on Monday, marking its lowest level since December. This decline led to notable losses in the …

coingabbar.com

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Why Is XRP Falling Today? Exploring The 8% Drop And What’s Next …

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Dec 10, 2024  · XRP, the cryptocurrency closely associated with Ripple, has witnessed an unexpected 8% drop, bringing its price to $2.36.. This marks its steepest single-day decline in …

bitrue.com

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XRP And Bitcoin Fall. This Reason Reveals A Big Turning Point For

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6 days ago  · The world’s largest crypto fell 5.7% Tuesday, its largest drop since Dec.18, according to Dow Jones Market Data. Ether, the second largest crypto asset, was 6% down …

msn.com

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Why XRP Is Going Down: Key Factors Behind The Recent Price Drop

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6 days ago  · Why XRP is Going Down Today: What’s Next for Ripple and Its Investors? XRP Price Drops 5.35% After Rejection at $2.50 Resistance: What's Next. The price of XRP faced …

coingabbar.com

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Why XRP Is Going Down: Key Reasons Behind The Recent 8% Drop

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Dec 9, 2024  · While it remains close to its all-time highs, this sudden dip has left investors questioning the reasons behind the bearish momentum. XRP’s Price Drop by 8%. One of the …

mifengcha.com

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Why Is XRP Down After A Year Of Growth? - Yahoo Finance

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Sep 23, 2024  · That might explain why the price of XRP did not rise more in August, as many investors expected. Many thought XRP would double in price to $1, but thus far, that hasn't …

yahoo.com

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Why XRP Is Going Down: Key Reasons Behind The Recent 8% Drop …

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Dec 9, 2024  · News Summary: The post Why XRP Is Going Down: Key Reasons Behind the Recent 8% Drop appeared first on Coinpedia Fintech News XRP, the cryptocurrency tied to …

beamstart.com

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Ripple: 3 Reasons XRP Is Down 25% Since December

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Jan 23, 2024  · One of the key reasons why Ripple (XRP) is down 25% since December is both investor behavior and its technical data. Specifically, the overall downtrend is part of a much …

watcher.guru

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

FAQs about Why is XRP Dropping? Factors Behind the Recent Decline Coupon?

Will XRP go down?

Technical analysis indicates a potential for further short-term decline as XRP has broken below key support levels. XRP, the cryptocurrency closely associated with Ripple, experienced a sharp 8% drop today, bringing its price down to $2.36. ...

Why is XRP's price falling?

Meanwhile, the price of Bitcoin was down 5.4%, and the price of Ethereum was down 8.2%. XRP's token price is falling in conjunction with the latest round of economic data from the U.S. Bureau of Labor Statistics (BLS). The cryptocurrency is also being pressured by rising U.S. Treasury bond yields. ...

Why did XRP drop so much?

XRP’s drop became even worse due to a surge in liquidations. In the past 24 hours, over $14.5 million worth of long positions on XRP were liquidated. This was part of a broader $358 million sell-off across the crypto market, which triggered a ripple effect, pushing prices down further. ...

Why did XRP price drop in 2025?

A key factor behind the price drop is the upcoming monthly token unlock for XRP. On January 1, 2025, Ripple will release 1 billion XRP tokens as part of its operational funding strategy. Historically, such events increase selling pressure, which makes traders cautious about price stability. ...

Is XRP losing ground?

XRP (CRYPTO: XRP) is losing ground in Tuesday's trading. Meanwhile, the price of Bitcoin was down 5.4%, and the price of Ethereum was down 8.2%. XRP's token price is falling in conjunction with the latest round of economic data from the U.S. Bureau of Labor Statistics (BLS). ...

Why is XRP retracing its price?

Two factors behind XRP’s price retracement Notably, van de Poppe listed two reasons that are driving XRP’s recent downswing. In particular, the expert noted that with the July spike, XRP investors finally got the “chance to get out” after holding the crypto token for roughly one and a half years. ...

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