#xrp Attention friends! The altcoin market has been a bit "troublesome" these days—XRP dropped to a session low of $2.96 early this Monday, marking a new low since August 6. The bullish momentum is somewhat lacking, and now XRP has become the second worst-performing token among the top ten altcoins, with a 24-hour decline of over 4%! The only one performing worse is Solana (SOL), which directly fell by 5%!

The entire crypto market is currently under significant pressure, and Bitcoin has not been spared. Earlier this Friday, Bitcoin almost dropped below the $115,000 mark, reaching a session low of $115,059. According to CoinGlass data, a total of up to $464.7 million in the crypto market has been liquidated in the past 24 hours, with long positions accounting for the majority, approximately $380 million being forced to close.

Speaking of XRP's key support, the current $2.81 is seen as a "safety line," as around 1.7 billion tokens are concentrated at this level. Simply put, if the price holds here, the bulls still have a chance to catch their breath. The current trading price on Bitstamp is $2.97, stabilizing slightly, but the market overall is still in a state of fluctuation. #加密市场回调 #山寨季何时到来?