XRP plunges 17% in sharpest one-day drop since 2025 as token crashes below $1.25
Summary
XRP plummeted over 17% on Thursday, marking its most significant single-day loss since October 2025, which pushed the token's price below $1.25. This decline extended its weekly losses to nearly 30%, reducing its market capitalization to $75 billion from a July 2025 peak of $210 billion. The selloff affected the entire crypto market, with Bitcoin falling toward $65K and Ethereum dropping below $2K. Despite this sharp price correction, XRP Exchange-Traded Products (ETFs) have shown resilience, recording nearly $24 million in net inflows this week, contributing to a cumulative total of $1.2 billion since their launch in November 2025.
(Source:Crypto Briefing)