$BTC $ETH $XRP
Family, today's XRP news is shocking - here’s the full breakdown so you know what’s really happening:
💥 1. What happened
It is reported that XRP's market cap lost $100 billion in the last 24 hours due to massive sell-offs.
This isn't just one whale move - multiple large wallets have dumped parts of XRP, likely to take profits after recent rallies.
Panic and short-term trading have amplified the drop, creating massive market volatility.
⚠️ 2. Why did XRP drop?
Macroeconomic pressure: Recent U.S. inflation data and signals from the Federal Reserve temporarily reduced appetite for high-risk assets.
Profit-taking: XRP rose near key resistance levels, leading to sell-offs by early investors.
Altcoin correction: Bitcoin's consolidation has also affected XRP and other altcoins.
📊 3. Market forecasts
In the short term: XRP may continue to experience volatility, especially if its large holders keep selling.
In the medium term: strong support levels around $0.58 - $0.60; a bounce is possible if selling pressure eases.
In the long term: Ripple's legal clarity and institutional adoption remain key positives.
✅ 4. Tips for XRP holders
Stay calm: Don't panic based on headlines alone.
Follow verified sources: Trust only Ripple's official announcements and reliable crypto news.
Plan your strategy: Set targets and stop-loss levels, and stick to your trading plan.
Yes, $100 billion wiped out looks scary - but corrections like this are normal in crypto. Those who remain disciplined and informed often benefit from these shocks.