"XRP ( ) is trading at $1.40, up 1.8% in the past 24 hours but still down 61% from its July 2025 peak of $3.65. 60% of XRP holders bought at an average price of $1.44 and are underwater on roughly $50.8 billion combined."
"The first was in October 2025, when Trump's tariff shock triggered the largest single-day liquidation in crypto history-$19 billion in leveraged positions wiped out in under 24 hours. The XRP price fell from above $2.80 to below $2 shortly after. Then the U.S. and Iran war began in late February 2026 and made things worse. Oil prices surged above $100, the Fed raised its inflation forecast, and money flowed out of risk assets."
"Every XRP catalyst that followed-the SEC and CFTC commodity classification on March 17, $82 million in April ETF inflows, and Ripple's expanding partnerships -got swallowed by the broader market weakness, and the price plunged from above $2 to the $1.30-$1.45 range. So selling at $1.40 still feels like a rational move for many holders."
"XRP rallying in May could come down to two catalysts: the CLARITY Act passing and Bitcoin breaking above $82,000 to spark a broader market rally. The CLARITY Act is the bigger of the"
XRP is trading at $1.40, up 1.8% over 24 hours but still down 61% from a July 2025 peak of $3.65. About 60% of holders bought at an average of $1.44 and are underwater on roughly $50.8 billion combined. Two major events contributed to the drawdown: a October 2025 tariff shock that triggered the largest single-day crypto liquidation, and a late February 2026 U.S.-Iran war that increased oil prices, raised inflation forecasts, and pulled capital from risk assets. Subsequent XRP-related developments were absorbed by broader weakness, pushing price into the $1.30–$1.45 range. May’s direction may depend on the CLARITY Act and Bitcoin breaking above $82,000.
Read at 24/7 Wall St.
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