Although XRP has experienced a notable resurgence in demand across its spot and derivatives markets, the token’s price remains trapped in a macro crypto bear market.
As such, XRP price is gravitating towards a plunge below $1 again. Earlier this week, on August 11, the token’s price tanked below a major support level of $1 for the first time since November 16 2024, reaching a fresh bear market low of $0.9952.
XRP/USD’s 7D chart. Source: Finbold
This large-cap altcoin traded at approximately $1.01 on August 13, down 1.22% over the past 24 hours. Its 24-hour trading volume was roughly $1 billion at the time of reporting, down 29% from the previous day, according to metrics tracked by CoinMarketCap.
XRP price has accelerated bearish sentiment following a persistent delay in the United States’ Senate in passing the CLARITY Act, a bill that would create clear rules for the cryptocurrency industry. As such, this token’s price has confirmed a falling trend, which is cha
We współpracy z: https://finbold.com/xrp-price-set-to-crash-below-1/
