The post Why is XRP Dropping Today? appeared first on Coinpedia Fintech News
The cryptocurrency market took a sharp hit on April 2, 2025, following President Donald Trump’s aggressive tariff announcement. Bitcoin led the decline, dropping to $82,000, while other major cryptocurrencies also faced losses. The sudden market shift wiped out gains from the previous days when prices had surged.
XRP Drops Below $2
XRP, one of the top altcoins, fell below the key $2 mark on Wednesday for the first time in almost a month during a massive market sell-off. The token dropped to $1.98 on Binance before bouncing back slightly, now trading at $2.05, down over 1% in the past day. Besides, in the last 24 hours, over $20 million worth of XRP tokens were liquidated, with about 63% of that coming from long positions, according to CoinGlass data.
The recent sell-off isn’t just hitting XRP, it’s shaking the entire crypto market. As reported by Coinpedia, the crypto market has experie
We współpracy z: https://coinpedia.org/news/why-is-xrp-dropping-today/