XRP Plunges 10.4% Amid Market Sell-Off, Bitcoin and Ethereum Also Decline

XRP fell 10.40% on Sunday, trading at $2.6573 by 12:25 (17:25 GMT) on the Investing.com Index. This marked its steepest one-day drop since December 9, 2024. The decline pushed XRP’s market cap down to $156.09 billion, accounting for 4.74% of the total cryptocurrency market. At its peak, XRP's market cap stood at $190.39 billion.

Over the past 24 hours, XRP fluctuated between $2.6573 and $2.9552, while the past week saw a 13.28% decline, ranging from $2.6573 to $3.2122. Trading volume reached $8.55 billion, representing 6.44% of the total crypto market volume. XRP remains 21.74% below its all-time high of $3.40, set on January 16.

Bitcoin also saw losses, dropping 4.05% to $97,764.8, with a market cap of $1.94 trillion, making up 58.97% of the crypto market. Ethereum fell 7.55% to $2,998.84, with a market cap of $363.54 billion, or 11.03% of the total.

The broader crypto market is experiencing heightened volatility as investors react to macroeconomic factors and market trends. Keep an eye on key resistance and support levels as cryptocurrencies continue to fluctuate.