XRP has tumbled nearly 50% since January, sliding from a high of $3.80 to as low as $1.60, mirroring the broader market’s retreat amid mounting global tensions.
The latest trigger came when President Donald Trump threatened additional tariffs on China and announced a blanket 10% tariff on all goods entering the U.S., set to take effect on April 9.
The announcement triggered a broad market sell-off, though major crypto assets staged a modest recovery in the aftermath. Bitcoin (BTC) bounced back slightly, and XRP climbed to $1.88 at press time.
XRP one-day price chart. Source: Finbold
However, with President Trump doubling down on tariffs and threatening an additional 50% levy on Chinese goods, uncertainty remains over whether this rebound can be sustained.
As macroeconomic volatility intensifies and regulatory uncertainty lingers, investors are closely watching whether XRP will continue its slide toward the $1 mark or begin to reverse course.
XRP ETF debut signals r
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