XRP tumbles 17% — crashes below $1.25 as weekly losses near 30%
XRP fell more than 17% in a single day, its sharpest one-day drop since October 2025, sliding below $1.25 and trimming its market cap to about $75 billion. The token is down roughly 45% from its January 2026 peak of $2.41 and has lost nearly 30% this week as the wider crypto market weakened (Bitcoin down ~9% toward $65k; Ethereum below $2k; Solana near $82). Despite the sell-off, XRP exchange-traded products have continued to see inflows: roughly $24 million added this week and about $1.2 billion in cumulative net inflows since their November 2025 launch (SoSoValue). Key metrics for traders: steep one-day volatility (–17%), weekly loss (~30%), market-cap contraction to ~$75B, and persistent ETF inflows that may provide structural demand.
Bearish
The immediate market impact is bearish. A 17% one-day fall and nearly 30% weekly loss indicate strong short-term selling pressure and elevated volatility—signals that often trigger stop-loss cascades and risk-off behavior among traders. Broader market weakness (BTC, ETH, SOL down) shows the move is not isolated, increasing the likelihood of continued downside in the short term. However, persistent inflows into XRP ETFs (about $24M this week, $1.2B since launch) provide a structural demand floor that could limit deeper declines or support rebounds once volatility stabilizes. Historical parallels: large single-day drops followed by ETF inflows have led to short squeezes and partial recoveries (e.g., ETF-supported assets after steep corrections in 2025), but recovery timing is uncertain and dependent on broader market sentiment and macro triggers. For traders: expect continued high volatility, potential for further downside in the near term, and watch ETF flow data and macro cues for signs of stabilization or reversal.